WASHINGTON: The US House of Representatives has approved a bill of sanctions against the Iranian oil export, showing a strong message to Tehran over its disputed nuclear program.
The bill, which overwhelmingly passed 400-20 late on Wednesday, would cut Iran’s oil exports by another one million barrels per day over a year, in an attempt to reduce the flow of funds to the nuclear program.
The bill also blacklists any business in Iran’s mining and construction sectors and commits the United States to the goal of ending all Iranian oil sales worldwide by 2015.
The bill has yet to be passed in the Senate and signed by President Barack Obama before becoming law.
