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H.R.8220

NOPE Act No Oil Profiteering to Enrich Iran Act

Introduced·4/9/26

The NOPE Act nullifies a license authorizing Iranian oil sales and mandates reports on the Strait of Hormuz's impact on Iranian oil.

The NOPE Act, or No Oil Profiteering to Enrich Iran Act, nullifies Iran-related General License U, which authorized the sale of Iranian crude oil and petroleum products loaded on vessels as of March 20, 2026. It also mandates the Secretary of State to submit reports every 60 days for three years on the impact of the Strait of Hormuz's closure on Iranian oil, including export volumes, sale prices, and production levels.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Foreign Affairs Committee
Next
Committee decision

Sponsors

D
1
0
Democratic CaucusRepublican Caucus

History

Apr 9

House

Introduced in House

Apr 9

House

Referred to the Committee on Foreign Affairs, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.