S. 1274 is a proposed law intended to stop the export of liquefied natural gas and petroleum products to certain countries, specifically targeting China, Russia, North Korea, and Iran. The bill includes a provision that allows for waivers if there is an urgent national...
Simple Explanation
S. 1274 is a bill that wants to stop sending gas and oil to countries like China and Russia, but it lets the Secretary of Energy make exceptions if there's a big emergency. They can give really big fines or jail time if someone breaks the rules.