News Briefs

  Tishrei 9, 5773 , 25/09/12

US: Link between Iranian Oil Co., Revolutionary Guards

There is a clear link between Iran's national oil company and its Revolutionary Guards, according to a report to Congress by the United States Treasury.

The finding will allow the U.S. to impose more aggressive sanctions against banks who conduct business with the company. At the same time, the report does not have evidence to determine that the company acts as an arm of the Revolutionary Guards.

Other archived news briefs:Sep 25 2012, 07:28 AM, 9/25/2012