Rep. Banks introduces No Oil From Terrorists Act

WASHINGTON, D.C. – Tuesday, Rep. Jim Banks introduced the No Oil From Terrorists Act, legislation banning the importation of petroleum from Iran. According to reports, the Biden Administration is gearing up to lift sanctions on Iran as part of a renewal of the failed Obama-era JCPOA deal. Despite decades of precedent prohibiting oil imports from Iran, the Biden administration refused to commit to not purchasing Iranian oil.  

Rep. Jim Banks

“When Joe Biden crushed the American energy industry on day one of his presidency, he left Americans dependent on our foreign adversaries for oil. This sent gas prices through the roof and allowed Putin to fund his unprovoked war,” Rep. Jim Banks said. “To add insult to injury, the Biden administration is now considering buying oil from Iran, the world’s largest state sponsor of terror. There is absolutely no reason to import terrorists’ oil when we can drill better, cheaper, and cleaner right here at home.”

You can find the bill text, here.