H.R. 5923
Cuts Chinese banks that buy Iranian oil off from U.S. financial accounts.
Medium confidence
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Iran-China Energy Sanctions Act of 2023 This bill requires the President to periodically determine whether any Chinese financial institution has engaged in the purchase of petroleum or petroleum products from Iran. U.S. financial institutions shall not open or maintain certain accounts with such Chinese financial institutions.
Summary by the Congressional Research Service, reported to house version.
On Motion to Suspend the Rules and Pass, as Amended, Apr 15, 2024 · Passed