Monday, 22 April 2013

UK blocks Shell paying Iran oil debt in food, medicine the National Iranian Oil Company before a European Union embargo

Britain has blocked efforts by oil major Royal Dutch Shell to settle a $2.3 billion debt it owes Iran by paying in kind with grains or pharmaceuticals, industry sources said. Shell has been trying for months to find a way to work around international sanctions that prevent it paying in currency...UK blocks Shell paying Iran oil debt in food, medicine the National Iranian Oil Company before a European Union embargo

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