Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 3774) to impose additional sanctions with respect to the importation or facilitation of the importation of petroleum products from Iran, and for other purposes, as amended.…
Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 3774) to impose additional sanctions with respect to the importation or facilitation of the importation of petroleum products from Iran, and for other purposes, as amended.
Mr. Speaker, I ask unanimous consent that all Members may have 5 legislative days in which to revise and extend their remarks and include extraneous material on this measure.
Mr. Speaker, I yield myself such time as I may consume.
Mr. Speaker, it is an honor to be here today as we gather to pass the Stop Harboring Iranian Petroleum Act, or the SHIP Act, which I introduced earlier this year with my colleague from Florida, Congressman Jared Moskowitz.
In the wake of the appalling terrorist attacks against Israel on October 7, it is clear that we must work to confront Iran and its proxies in the region with a strong sanctions regime. Iran is the largest state sponsor of terrorism in the world and, unfortunately, has the coffers to back this up. Iran spends its money on terror, on developing nuclear capabilities, on taking hostages to use for bargaining purposes, and on funding the criminal IRGC.
We must cut off Iran's funding and stop these illicit activities at their source, and that is where Iranian oil comes in.
Iran currently engages in a massive global oil trade, exporting its blood-stained petroleum in exchange for money and influence abroad. In the past year alone, Iran has made tens of billions off of their illicit oil trade, and this August, China imported a staggering 1.5 million barrels per day.
China is the largest importer of Iranian oil and, in doing so, has become complicit in the nefarious acts carried out with that funding. While the U.S. already sanctions Iranian petroleum, it is absolutely critical that we expand our sanctions regime to not only target Iran but Iran's enablers that are complicit in the nefarious acts committed with that money.
The SHIP Act specifically expands these sanctions to cover foreign ports and refineries that process Iranian oil. Individuals and entities that knowingly accept shipments of Iranian oil, refine Iranian oil, transport or offload Iranian oil, or otherwise transact with Iranian oil should be held accountable for their actions, for their willingness to pay for Iranian-backed terrorism.
The SHIP Act has been bipartisan from the start and continues to show a united front between Republicans and Democrats to limit Iran's global influence and protect those the Iranian regime seeks to harm, such as our Jewish and Israeli friends.
The SHIP Act sends a message to those who trade in Iranian oil that they will have the United States to deal with if they continue to do so. They can't pretend they don't know where the money is going. They can't pretend to separate Iranian oil from the very terrorism it supports. Now, we are putting it in writing that they are going to be held accountable if they keep enabling Iran.
Mr. Speaker, I urge all of my colleagues to support H.R. 3774, and I reserve the balance of my time.
House of Representatives,
Committee on the Judiciary,
Washington, DC, October 26, 2023.
Hon. Michael McCaul,
Chairman, Committee on Foreign Affairs, House of
Representatives, Washington, DC.
Dear Chairman McCaul: I write regarding H.R. 3774, the Stop
Harboring Iranian Petroleum Act. Provisions of this bill fall
within the Judiciary Committee's Rule X jurisdiction, and I
appreciate that you consulted with us on those provisions.
The Judiciary Committee agrees that it shall be discharged
from further consideration of the bill so that it may proceed
expeditiously to the House floor.
The Committee takes this action with the understanding that
forgoing further consideration of this measure does not in
any way alter the Committee's jurisdiction or waive any
future jurisdictional claim over these provisions or their
subject matter. We also reserve the right to seek appointment
of an appropriate number of conferees in the event of a
conference with the Senate involving this measure or similar
legislation.
I ask that you please include this letter in your
committee's report to accompany this legislation or insert
this letter in the Congressional Record during consideration
of H.R. 3774 on the House floor. I appreciate the cooperative
manner in which our committees have worked on this matter,
and I look forward to working collaboratively in the future
on matters of shared jurisdiction. Thank you for your
attention to this matter.
Sincerely,
Jim Jordan,
Chairman.
Mr. Speaker, I yield 2 minutes to the gentleman from Arkansas (Mr. Hill), a member of the Foreign Affairs Committee.
Mr. Speaker, I reserve the right to close, and I reserve the balance of my time.
I yield 2 minutes to the gentleman from Florida (Mr. Mast), chairman of the Foreign Affairs Subcommittee on Oversight and Accountability.
Mr. Speaker, I reserve the right to close, and I reserve the balance of my time.
Mr. Speaker, I introduced this bill earlier this year with Congressman Jared Moskowitz of Florida. It has over 230 bipartisan cosponsors because Congress recognizes the need to sanction Iranian petroleum even further.
Since President Biden took office, relaxed enforcement of oil sanctions has contributed to increased Iranian oil revenues worth approximately $25.9 billion.
In 2019, Iran's oil exports fell below 500,000 barrels per day as a result of the prior administration's oil sanctions pressure.
As of September 2023, Iranian oil exports had increased to nearly 1.5 million barrels per day. Most of these increased sales have gone to Chinese buyers.
Exports are up 59 percent since January of 2021. The administration's refusal to list entities enabling the trade for secondary sanctions--in other words, imposing sanctions on the buyers--has contributed to this.
I wish we didn't need to do this, but we have to. HSI and OFAC should be enforcing these sanctions.
On October 11, 2023, NSC Coordinator for Strategic Communications, John Kirby, responded to a question about the weak enforcement of sanctions on Iranian oil by stating, quote, ``The President has been concerned about making sure we have a viable global market for oil, working hard to keep the prices of gasoline down here in the United States. Part of that is making sure you remove some of the volatility in that global supply and demand.''
Are you kidding me? First of all, the United States doesn't get Iranian petroleum. Our refineries aren't able to process it, and we already have sanctions in place against it. This administration has prohibited U.S. oil and gas development more strenuously than it has Iranian. It is absurd.
Macquarie, a leading financial services advisory firm, recently advised its clients that: ``In our assessment, the Biden administration's policy approach has been to limit oil supply disruptions, regardless of the situation. Given that policy objectives did not target Russian oil flows even at the height of the Russian- Ukraine conflict, we do not expect Iranian oil exports to be constrained either.''
Now, there are Members of this body that are going to oppose this legislation because it is too strenuous, doesn't give enough wiggle room to the administration. There is a reason we are not giving wiggle room to the administration. It is because they have been incapable of enforcing the sanctions against Iran and Iranian petroleum, which has been used as the funding source for the greatest state sponsor of terrorism in the world.
Lest anyone think otherwise, the attacks by Hamas, by Hezbollah over the course of time have been funded by Iran. We must be stringent in enforcing these sanctions. It is critically important.
When you look at what is happening in the world and the unholy alliance that has been brought about by Iran, North Korea, China, and Russia to undermine and destabilize the free world,
to undermine the United States and our allies, we must enforce these sanctions, which is why it is critically important that we pass H.R. 3774 so that we can enact sanctions on the buyer.
China has been the largest buyer of Iranian petroleum. Their refineries are built to refine that oil. Our allies around the world must recognize and understand the threats that are emanating from this unholy alliance.
I urge all of my colleagues in both parties to support this bipartisan, commonsense legislation.
Mr. Speaker, I yield back the balance of my time.
Mr. Speaker, on that I demand the yeas and nays.