WASHINGTON Dec 15 The U.S. House of
Representatives on Tuesday approved legislation to impose
sanctions on foreign companies that help supply gasoline to
Iran, a move lawmakers hope will deter Tehran from pursuing its
The bill authorizes President Barack Obama to levy
sanctions on energy companies that directly provide gasoline to
Iran along with the firms that provide the insurance and
tankers to facilitate the fuel shipments.
The legislation would expand an existing U.S. law that
already seeks to punish foreign companies that invest more than
$20 million a year in Iran's energy sector.
"This bill has one overriding goal: To prevent Iran from
achieving a nuclear weapons capability," said Representative
Howard Berman, co-sponsor of the legislation.
(Reporting by Tom Doggett; Editing by David Gregorio)