If approved, the measure would likely trigger contractual challenges for European logistics firms and political backlash from other gas-buying nations.
Biden’s tariff move comes after his nation’s turbulent relationship with China has stabilized in recent months amid a flurry of diplomatic engagements.
When sanctions were placed on Russian oil sales following the war in Ukraine, the Laconian Gulf became a key spot for switching cargoes between vessels, prompting environmental concerns.
Although Houthis have regularly hit vessels in the southern Red Sea and Gulf of Aden since November 2023, there's little evidence they can do so beyond those waters.