Rosen Joins Bipartisan Letter Calling on Administration to Ensure Iran’s Regime Cannot Benefit from Petroleum Trade

Senator Rosen Helped Introduce Bipartisan Legislation Later Signed into Law To Block the Iranian Regime's Petroleum Trade

WASHINGTON, D.C. - U.S. Senator Jacky Rosen (D-NV) joined a bipartisan group of senators in a letter urging the Biden Administration to fully implement bipartisan legislation she helped introduce and pass into law to ensure Iran's regime cannot benefit from its petroleum trade. As Iran and its proxies escalate their attacks on Israel and efforts to destabilize the Middle East, Senator Rosen and her colleagues are calling on the Administration to report to Congress on efforts to deny Iran's regime the ability to engage in destabilizing activities, terrorism, and weapons development activities. To date, the Administration has failed to meet several of these reporting deadlines, which are required by law.

"For decades, there has been evidence that Iran has funded direct attacks on America and our allies. Since Hamas' attack on Israel on October 7, 2023, Iran has only become more emboldened to act against democratic interests across the globe," wrote the Senators. "Due to the quantity of oil that Iran is able to trade and the subsequent profits, as well as their historical pattern of utilizing these funds to foster violence and chaos, it is vital that the United States take concrete action to disrupt their petroleum trade. Therefore, we ask the administration to honor the reporting deadlines and enforcement requirements prescribed within the SHIP and Fight CRIME Acts that were included in H.R. 815, the emergency supplemental appropriations."

"Given the havoc Iran is wreaking in the Middle East and the wider region, this information is both timely and vital for Congress to carry out appropriate sanctions oversight and understand what greater legislative action is required to ensure Iran does not have the resources to harm the United States or our partners and allies," they continued. "We look forward to these timely reports and enhanced understanding of the Administration's plan to counter Iranian oil trade and accessible revenue for their funding of terrorism."

The full text of the letter can be found HERE.

Senator Rosen has been fighting to protect U.S. national security and counter Iran's destabilizing actions in the Middle East. Earlier this year, she introduced bipartisan legislation to counter space threats posed by Iran. Last year, Senator Rosen called on the Biden Administration to refreeze $6 billion in Iranian assets held in Qatar following Hamas' October 7th terrorist attack on Israel. She also stood up to her party and voted in favor of several Republican amendments to combat Iranian aggression and support Israel. Senator Rosen also helped introduce the bipartisan Solidify Iran Sanctions Act to make the Iran Sanctions of 1996 permanent, allowing the President to impose sanctions on Iran's energy sectors.

###