The House voted Tuesday to impose new economic sanctions on Iran as lawmakers cast doubt on Iran’s willingness to respond to diplomatic efforts to curtail its purported nuclear arms program.
The legislation, approved 412-12, would end access to U.S. markets for foreign companies selling refined petroleum products to Iran or helping that country develop its petroleum capacity. While Iran is a major crude oil producer, its lack of ability to produce enough gasoline and other refined petroleum products is a major economic vulnerability.
With no Senate action on the legislation expected this year, the House vote was for the time being mainly a warning that the United States is ready to act on its own if the Tehran government doesn’t respond to current international efforts to prevent Iran from becoming a nuclear power.
