Treasury urges Middle East firms to avoid Iran
The U.S. Treasury’s top anti-terrorism official on Wednesday urged Middle East-based companies not to do business with Iran, saying they could be helping to fund terrorist activities or weapons proliferation. Speaking in Dubai to a trade and finance conference, Stuart Levey, the Treasury’s under secretary for terrorism and financial intelligence, said many companies are deciding that doing business with Iran carries too many regulatory risks and could damage their reputations. Full Story