<h2>About:</h2>

<ul>
	<li>NOPEC bill, which passed a Senate committee 17-4 on May 5, is intended to&nbsp;protect U.S. consumers and businesses from engineered oil spikes.</li>
	<li>The bipartisan NOPEC bill would&nbsp;tweak U.S. antitrust law to revoke the sovereign immunity&nbsp;that has protected OPEC+ members and their national oil companies from lawsuits.</li>
	<li>If signed into law, the&nbsp;S. attorney general&nbsp;would gain the option to sue the oil cartel or its members, such as Saudi Arabia, in federal court.</li>
	<li>It is unclear exactly how a federal court could&nbsp;enforce judicial antitrust decisions against a foreign nation.</li>
</ul>

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Source :&nbsp;<a href="https://indianexpress.com/article/explained/explained-global/what-is-nopec-the-u-s-bill-to-pressure-the-opec-oil-group-8193400/" target="_blank">Indian Express</a>

No Oil Producing and Exporting Cartels (NOPEC) bill

Overview:

NOPEC bill, the U.S. legislation that could open members of oil producing group OPEC+ to antitrust lawsuits has emerged as a possible tool to tackle high fuel prices.

About:

No Oil Producing and Exporting Cartels (NOPEC) bill

Overview:

NOPEC bill, the U.S. legislation that could open members of oil producing group OPEC+ to antitrust lawsuits has emerged as a possible tool to tackle high fuel prices.

About:

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