Stop Harboring Iranian Petroleum Act

Floor Speech

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Mr. HILL. Mr. Speaker, I thank my friend from New York for managing the time and my friend from Illinois on this very important bill.

I am so glad to see that it is a bipartisan effort on H.R. 3774, the SHIP Act, because this bill is critical to countering the long record of continued mistakes by President Biden of appeasing the regime in Iran.

The Biden administration continues a foreign policy offering carrots to the world's number one state sponsor of terrorism and getting nothing to show for it in return. Due to this administration's appeasement through sanctions relief, Iran's oil production is now backed up at a 5-year high and is estimated to be producing 1.5 million barrels a day, and that is worth, Mr. Speaker, $40 billion annualized.

Now, nearly all of that is being sold to China, completely as a counter to the rest of the world's effort to cut off money going to Russia directly through Russian oil and indirectly through Iran backing Russia--these are leaked; Iran backing Hezbollah in Lebanon; Iran backing Syria and Assad; Iran backing Hamas in the Gaza.

Are you getting the picture?

Iran is the problem here, Mr. Speaker--a partner to Russia fighting Ukraine, a partner in defeating Israel through Gaza. It is because they are selling oil on the market against global sanctions.

This bill is important. It goes far beyond the administration's $6 billion of sanction relief to return Americans.

Secondary sanctions are essential, and America's diplomacy, as Mr. Schneider from Illinois said, to get Europe on board with secondary sanctions is important too, because it is about defeating this global network of evil: Russia, Iran, and China.

I encourage all of my colleagues to support this important bill.

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