U.S. Lawmakers Target Iran Energy Sector for Expanded Sanctions

U.S. lawmakers are seeking to expand sanctions on Iran’s energy sector by banning the purchase of its natural gas and prohibiting investment in oil and gas services, exploration and new pipelines.

Representatives Ted Deutch, a Florida Democrat, and Robert Dold, an Illinois Republican, introduced the Iran Energy Sector and Proliferation Sanctions Act in Congress yesterday. The measure is the latest in a stepped-up campaign to tighten sanctions aimed at depriving Iran’s government of revenue that may be used for its nuclear and missile programs.