So Much For Enforcing Iranian Sanctions: Shell Increases Oil Trade With Iran – Despite Sanctions -- The Guardian

Shell Increases Oil Trade With Iran – Despite Sanctions -- The Guardian

Oil giant stepped up orders of Iranian crude while others halted trade amid sanctions imposed by UN, EU and US.

Shell, the Anglo-Dutch oil giant, paid the state-owned Iranian oil company at least $1.5bn (£0.94bn) for crude oil this summer, increasing its business with Tehran as the international community implemented some of the toughest sanctions yet aimed at constricting the Islamic republic's economy and its lifeline oil business.

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More News On Oil Companies Doing Business With Iran

Report: Shell Increases Oil Trade with Iran -- CBS News
Is Shell a sanctions buster in Iran? -- UPI
Shell, Italy maintain Iran oil trade -- Reuters
Oil firms reap benefit of Iran's build-up of crude stocks -- The Guardian

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