No Iranian Energy Act

This bill aims to crack down on Iran’s natural gas trade, with a focus on stopping Iraq’s government from importing gas from Iran. It makes clear that U.S. sanctions should apply to buying, selling, or moving natural gas to or from Iran, not just oil or other energy products. Congress also states its view that Iran’s growing gas industry should be a target for sanctions. There are limited exceptions referenced elsewhere in law, but they aren’t detailed in this bill’s text itself (it points to section 1254 for exceptions).

Key points

• Who is affected: Foreign governments and companies involved in Iranian natural gas, including Iraq’s government when it imports gas from Iran.
• What changes: U.S. sanctions would explicitly cover natural gas dealings with Iran—covering sales, supplies, and transfers to or from Iran—tightening pressure on Iran’s energy sector.
• Exceptions: The bill notes there are exceptions in another section of law (section 1254), but does not spell them out here.