VOL. XLIII

No. 46

13-November-2000

IRAN

US Treasury Warns US Firms Against Sponsoring Iranian Oil And Gas Events

The US Treasury has warned US companies against sponsorship of events at conferences concerning Iranian oil and gas projects, in a move that appears to have been triggered by US oil company criticism of sanctions against Iran. The warning came in a letter sent by the Treasurys Office of Foreign Assets Control (OFAC) to US oil companies on 18 August (for full text see below), which...