The U.S. Senate on Thursday joined the House of Representatives in approving legislation that would penalize foreign oil companies that export gasoline to Iran, Reuters reports.
"Time is running out for Iran to give up its illegal nuclear weapons program," said Senators Jon Kyl and Susan Collins.
President Barack Obama is expected to sign the bill into law, thus effectively preventing countries who sell gasoline to Iran from also delivering crude oil to the U.S. emergency petroleum stockpile.
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