HR. 1422In Committee
To impose sanctions with respect to persons engaged in significant transactions related or incidental to the processing, refining, export, transfer or sale of oil, condensates, or other petroleum or petrochemical products in whole or in part from the Islamic Republic of Iran
Imposes sanctions on foreign persons involved in Iran's petroleum and petrochemical trade and strengthens international enforcement against sanctions evasion
Plain-English overview
What this bill does
Imposes sanctions on foreign persons involved in Iran's petroleum and petrochemical trade and strengthens international enforcement against sanctions evasion
Key points
- Establish interagency enforcement group
- Require sanctions on foreign persons
- Extend sanctions to associated persons
- Expand rewards for sanctions information
Current status
Where it stands
Status
In Committee
Latest action
2026-03-17 — Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
Related context
Topics and policy areas
undefinedAdvisory bodiesAviation and airportsCongressional oversightCriminal procedure and sentencingForeign propertyHuman rightsImmigration status and procedures