VOL. XLIV

No. 16

16-April-2001

IRAN/LIBYA

US Appears Determined To Tighten Iran/Libya Sanctions Loopholes

The US Department of Justice (DoJ) is investigating ExxonMobil records of Mobils dealings with Iranian oil swaps during the mid-1990s, in what appears to be a tightening of loopholes in sanctions against Iran and Libya ahead of a likely renewal of the existing Iran-Libya Sanctions Act (ILSA) in August. MEES understands that sentiment in Congress appears to be not only in favor of renewing...