Share
Email
PrintNew Iran sanctions would cover gasoline
Two congressional representatives announced bipartisan legislation extending sanctions against Iran to include gasoline exporters.
Under the Iran Sanctions Enhancement Act of 2007, announced Thursday by Mark Kirk (R-Ill.) and Rob Andrews (D-N.J.), sanctions would be placed on any company or individual that supports Iran’s ability to import gasoline after Dec. 31. The bill would affect gasoline brokers, tankers and insurers, such as the Dutch trading house Vitol and the British insurer Lloyds of London.
“An international restriction on the supply of gasoline would serve as a critical diplomatic tool to deny Iran the ability to further its efforts to acquire nuclear weapons,” said Andrews.
Iran is ranked as a top petroleum-exporting nation, but cannot meet domestic demands for fuel and imports 40 percent of its gasoline. Violent demonstrations broke out Wednesday after Iran’s oil ministry introduced new gasoline ration requirements.
This article was made possible by the support of readers like you. Donate to JTA now.
Discussions About this Article Elsewhere
Comments RSS Feed Reader Comments
There are currently no comments to this article. Leave a comment below.
Leave a Comment
To comment on this article, you must first be registered with JTA.
Not Registered?
There are real advantages to a FREE registration with JTA.org:
- Make your voice heard through comments on articles
- Receive our e-mailed Daily Briefing, an invaluable quick-read
- Help decide what Jewish news matters most with interactive tools
Register Now
Already a JTA member?
- Madoff won’t appeal sentence
- IDF salutes Palestinian security forces
- Op-Ed: Israel backers must support a settlement freeze
- Egypt arrests 26 planning Suez attacks
- Op-Ed: Palestinians’ plight, Holocaust are not analogous
- JDL members arrested in Paris
- Satmar mayor praises Obama
- Harvard Hillel victim of $780,000 fraud
- The Chosen: Jewish members in the 111th U.S. Congress
- Jackson kids’ Jewish mother could regain custody
- Biden: Israel can decide for itself on Iran
- Guard shot at Holocaust museum dies
- Canadian politician sues Jewish groups
- In endorsing two states, Netanyahu adopts popular Jewish position
- Some Jewish settlers turning against Israel
- Mass converts pose dilemma for Latin American Jews
Trackback URL: http://jta.org/trackback/102746/
No trackbacks have been created for this article, be the first to create one.