Sanctions Could Harm Key Foreign Energy Companies
In a vote which had been widely anticipated, the Senate today approved additional sanctions against companies that provide gasoline to Iran, as well as against some companies that provide communications technology to the nation.
The sanctions are seen as doing particular harm to Swiss company Vitol, as well as France’s Total S.A. and Britain’s BP. Major cellphone company Nokia could also be affected if the communications clause is included in the compromise bill with the House.
The vote was a companion bill to a House of Representatives bill which passed 412-12 in mid-December. The Senate vote was a voice vote, meaning individual Senators did not have to record their vote publicly.
The American Israel Public Affairs Committee (AIPAC) praised the vote and called for even more sanctions against Iran. The group expressed hope that the compromise bill would be passed and signed into law soon.
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