hold on there's just too much going on in Congress lmao...
Cancels Iran oil sales license, imposes new sanctions on oil industry.
Mr. Latimer (Sponsor)
Introduced in House, awaiting committee review.
This bill, known as the NOPE Act, would immediately cancel a US license allowing certain Iranian oil sales. It also directs the President to impose sanctions on Iranian persons involved in the oil and gas industry. The bill was introduced by Mr. Latimer and has been referred to the House Foreign Affairs and Judiciary Committees for consideration.
Introduced Apr 9, 2026
The bill was introduced in the House of Representatives on April 9, 2026. It has been referred to the House Committee on Foreign Affairs and the House Committee on the Judiciary. Before it can move forward, it generally needs to be considered and approved by these committees. If approved, it would then proceed to a vote by the full House.
If this bill becomes law, a specific US license (General License U) that authorizes some Iranian crude oil and petroleum product sales would immediately be canceled, making those transactions illegal. Additionally, the President would be required to impose sanctions, including asset blocking and visa restrictions, on any Iranian person involved in oil and gas extraction, refinement, or maritime transport. The US government would also be prohibited from issuing similar licenses for Iranian oil in the future. Finally, the Secretary of State would need to provide regular reports to Congress on the impact of these changes on Iranian oil sales, revenue, and production levels.
Supporters Say
Supporters argue the bill would prevent Iran from profiting from its oil industry, limiting its financial resources.
Critics Say
No specific arguments against the bill are detailed within the provided legislative text.
The bill's short title, the 'No Oil Profiteering to Enrich Iran Act,' indicates its clear intent to curb Iran's ability to generate revenue from oil. Those in favor would likely highlight this as a means to pressure the Iranian government. The bill text does not explicitly detail potential counter-arguments or criticisms.