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Ban on Oil and Gas Imports from Venezuela and Iran

New law prohibits the import of crude oil, petroleum products, and liquefied natural gas from Venezuela and Iran into the United States. This aims to protect U.S. national security, as these governments are accused of supporting terrorism. Citizens might experience indirect effects on fuel prices, though direct daily life consequences are hard to predict.
Key points
Prohibits the import of crude oil, petroleum products, and liquefied natural gas from Venezuela and Iran.
Aims to protect U.S. national security from regimes supporting terrorism.
The ban takes effect 15 days after the law's enactment.
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Expired
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Additional Information
Print number: 117_S_3798
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2022-03-10
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Preempting Misguided Appeasement and Financing of Destabilizing Regimes Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_3798.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-03-10.

What are the main provisions?

Key points include:

  • Prohibits the import of crude oil, petroleum products, and liquefied natural gas from Venezuela and Iran.
  • Aims to protect U.S. national security from regimes supporting terrorism.
  • The ban takes effect 15 days after the law's enactment.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Rubio, Marco [R-FL].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Security Economy