The Senate Banking Committee “unanimously approved legislation on Thursday that would allow the White House to impose stronger sanctions on Iran,” the New York Times reports.
The Senate bill, passed a day after the House Foreign Affairs Committee passed a similar measure, would authorize sanctions against companies that provide the country with refined petroleum products and ban most trade between the two countries, exempting food and medicine.
The measure would also bring more types of companies under sanctions that currently apply to businesses with heavy investments in Iran’s oil and gas sector and require the White House to freeze assets of Iranians known to be active in terrorism.
The bill is the Comprehensive Iran Sanctions, Accountability and Divestment Act.
(credit image – getty)