Iran Gets Creative Over Energy Payments from Turkey and Pakistan
OilPrice.com Jul. 22, 2013, 4:43 PM 16
First begun in 1979 following the seizure of the U.S. embassy in Tehran, Iran is now subject to three differing sets of sanctions – the U.S., the European Union and the United Nations. Implemented over fears of covert nuclear weapons development hidden in Iran’s civilian nuclear energy program, the tightening sanctions have forced both Iran and its energy importers to get creative about financing.
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