Iranian Sanctions Enforcement Act
Iran is using its oil revenue to fund terror around the world—including Hamas’ barbaric terrorist attack on Israel. The United States cannot allow this behavior to go unchecked. I am proud to lead bipartisan legislation with Representative Panetta, as well as Senators Ernst and Blumenthal, to provide the Department of Homeland Security Homeland Security Investigations (HSI) with the tools they need to seize illicit Iranian oil sales and ensure this money can no longer be used to fund terrorism.
Since 2021, Iran has increased its oil revenue by $80 billion, which the Islamic Revolutionary Guard Corps (IRGC) has used to fund Hamas, Palestinian Islamic Jihad, and Hezbollah. For nearly two of the past three years, HSI was not able to conduct a seizure of illicit Iranian oil shipments. However, when it is empowered, HSI has a record of success.