[Dow Jones-Wall Street Journal] Ian Talley - The U.S. House Foreign Affairs Committee Wednesday passed the Iran Refined Petroleum Sanctions Act, a bill targeting the firms conducting energy business with Tehran. The measure, co-signed by almost three quarters of the House membership, gives the Obama administration stronger powers to sanction companies that provide Iran with gasoline, diesel and other refined petroleum fuels. Chairman Howard Berman (D-Calif.) said the bill will "maximize the chances that Iran, the leading state sponsor of terrorism, will be prevented from acquiring the capacity to produce nuclear arms."
2009-10-22 06:00:00Full ArticleBACK Visit the Daily Alert Archive