VOL. XXXIX

No. 46

12-August-1996

IRAN

Iran Deplores US Oil Sanctions Law

On 7 August, Iranian Oil Minister Gholamreza Aghazadeh issued the following statement in response to the US oil sanctions legislation against Iran and Libya which was signed into law by President Clinton on 5 August.

"As I said about the previous US sanctions against Iran that it is going to be futile even before implementation, I am going to say exactly the same thing with respect to this sanctions bill. I firmly...