Released by United States Senator John Kennedy of Louisiana – November 2, 2023
“With the cash it’s making from oil sales, Iran is fanning the flames of global instability by enriching uranium and sponsoring terror. I’m proud to support the SHIP Act to hold ports and refineries that Tehran does business with accountable by expanding U.S. sanctions on Iranian oil purchasers.”
WASHINGTON – Senator John Kennedy (R-La.) has joined Senator Marco Rubio’s (R-Fla.) Stop Harboring Iranian Petroleum (SHIP) Act of 2023 to sanction purchases of Iranian oil. The SHIP Act would impose sanctions on foreign ports and refineries that knowingly accept and refine petroleum products from Iran.
“With the cash it’s making from oil sales, Iran is fanning the flames of global instability by enriching uranium and sponsoring terror. I’m proud to support the SHIP Act to hold ports and refineries that Tehran does business with accountable by expanding U.S. sanctions on Iranian oil purchasers,” said Kennedy.
“As the regime in Tehran continues to enrich itself through the sale of sanctioned oil, we must ensure that U.S. sanctions on all individuals and entities linked to the illicit trade of Iranian oil are rigorously enforced,” said Rubio.
The legislation would require the Energy Information Administration to issue an annual report on Iran’s growing exports of petroleum. The president would also be able to waive sanctions under the SHIP Act if vital to national security interests.
Sens. Maggie Hassan (D-N.H.), Jacky Rosen (D-Nev.), John Hoeven (N.D.), Rick Scott (R-Fla.), John Barrasso (R-Wyo.), Katie Britt (R-Ala.), Lisa Murkowski (R-Alaska), Josh Hawley (R-Mo.), John Boozman (R-Ark.), Susan Collins (R-Maine), Mike Braun (R-Ind.), John Thune (R-S.D.), Deb Fischer (R-Neb.), Roger Marshall (R-Kan.), John Cornyn (R-Texas), Kevin Cramer (R-N.D.), Pete Ricketts (R-Neb.), Chuck Grassley (R-Iowa), Shelley Moore Capito (R-W.Va.), Cynthia Lummis (R-Wyo.), Roger Wicker (R-Miss.), Mike Crapo (R-Idaho), Ted Budd (R-N.C.), Marsha Blackburn (R-Tenn.), Jerry Moran (R-Kan.) and Eric Schmitt (R-Mo.) also cosponsored the legislation.
The full bill text is available here.
