Iran oil-related sanctions could come out of Congress in wake of Hamas attack on Israel

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Iran oil-related sanctions could come out of Congress in wake of Hamas attack on Israel
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House Republicans pressured to speed speaker election

Extra U.S. sanctions related to Iranian oil exports could come as a result of the war between Israel and Hamas, either from the Biden administration or Congress.

On Monday, the Israel Defense Forces said “there was no evidence yet of Iran’s role,” according to a report in The Times of Israel.Salisbury, Height’s director of research, said the Biden administration could act unilaterally, but that Congress could also require separate measures, such as legislation from Sens. Maggie Hassan, a New Hampshire Democrat, and Marco Rubio, a Florida Republican.

Analysts at Raymond James said the tensions in the Middle East could help speed the election of a new speaker.

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