Stopping Illicit Oil Shipments Act of 2023

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 6365 Introduced in House (IH)] <DOC> 118th CONGRESS 1st Session H. R. 6365 To protect against illicit oil shipments, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES November 13, 2023 Ms. Waters introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To protect against illicit oil shipments, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Stopping Illicit Oil Shipments Act of 2023''. SEC. 2. FINDINGS. The Congress finds the following: (1) When countries are designated under economic and trade sanctions by the United States and its allies, they are largely excluded from the licit global financial system, including the movement, sale, and profit derived from their oil and gas resources. (2) For U.S. persons, U.S. maritime sanctions, including on nations like Iran,…