Jul
29
Iraq oil moves may constitute Iran sanctions violation
posted by admin in Uncategorized
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Earlier in July Obama signed a law which upgraded sanctions against the Iranian government, a response to its growing nuclear program. It is likely that Iraq will have violated American sanctions if it continues to press ahead with a number of new oil and gas plans with neighbouring Iran. The United States policy has been quite clear since the middle of the 1990s, which is that any company or business that decides to do business deals with Iran risks losing More