Salem Radio Network News Tuesday, March 5, 2024

Business

The Media Line: US Lawmakers Call on Senate To Pass Bill To Stop China Buying Iranian Oil

US Lawmakers Call on Senate To Pass Bill To Stop China Buying Iranian Oil

 Some 91% of Iranian petroleum exports are purchased by China and the money Iran receives is used to fund terrorist operations, say congressmen who passed the SHIP Act in the House of Representatives and are urging the Senate to do the same

 By Clint Van Winkle/The Media Line

Iranian petroleum sales are booming despite international sanctions, thanks in large part to China, which has been buying record amounts of Iranian petroleum products in the last few years. The US House of Representatives is now hoping to cure China of its penchant for Iranian oil through secondary sanctions in new legislation.

https://themedialine.org/by-region/us-lawmakers-call-on-senate-to-pass-bill-to-stop-china-buying-iranian-oil/

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