119 HR 8670 IH: Stop Oil Exports to Lower Gas Prices Act U.S. House of Representatives 2026-05-07 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I119th CONGRESS2d SessionH. R. 8670IN THE HOUSE OF REPRESENTATIVESMay 7, 2026Mr. Sherman introduced the following bill; which was referred to the Committee on Foreign AffairsA BILLTo provide for the prohibition on exports of crude oil, gasoline, and diesel fuel during period of military operations against Iran.

1.

Short title

This Act may be cited as the Stop Oil Exports to Lower Gas Prices Act.

2.

Prohibition on exports of crude oil, gasoline, and diesel fuel during period of military operations against Iran

Section 101 of division O of the Consolidated Appropriations Act, 2016 (42 U.S.C. 6212a) is amended— (1)in subsection (b), by striking subsections (c) and (d) and inserting subsections (c), (d), and (f); and (2)by adding at the end the following: (f)

Additional exception

(1)

In general

Notwithstanding any other provision of law (including the other provisions of this section), except as provided in paragraph (2), the export of crude oil, gasoline, and diesel fuel shall be prohibited during the period beginning on the date of the enactment of this subsection and ending on the date on which the President— (A)declares that military operations against Iran which began in March 2026 have ceased; and (B)determines and certifies to Congress that the Strait of Hormuz is fully open and global shipping through the Strait has resumed; and (2)

Waiver

In the case of a proposed export of crude oil, the President may waive the prohibition in paragraph (1) if the President determines that crude oil cannot be efficiently refined in the United States. If the President issues a waiver under this paragraph, the President shall issue a license for the export of crude oil from the United States pursuant to such waiver and further require that such crude oil is to be refined abroad and imported back into the United States. .