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Congressman Brad Sherman Introduces Legislation to Prevent Oil Companies from Exploiting the Iran War and Put Money Back in Americans' Pockets
May 12, 2026
WASHINGTON, May 12 -- Rep. Brad Sherman, D-California, issued the following news release:

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Congressman Brad Sherman Introduces Legislation to Prevent Oil Companies from Exploiting the Iran War and Put Money Back in Americans' Pockets

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WASHINGTON, D.C. -Today Congressman Brad Sherman (CA-32) introduced the Iran War Oil Crisis Windfall Profits Tax Act, which will impose a windfall profits tax on U.S. oil companies until (1) the Preside . . .

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