Political Risk

Congress Targets 4 Firms That Did Business with Iran

“A U.S. Congress investigative arm has identified four companies that did business with Iran’s energy sector over roughly the past year, despite global sanctions.

Based on open-source information, the U.S. Government Accountability Office on Tuesday pinpointed two companies in China and another two in India dealing with Tehran’s energy industry during a 13-month period ending in November. Any or all of the parties could come under new global pressure to cease their joint projects.”

Source:Congress Targets 4 Firms That Did Business with Iran – Defense One

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