“Trying to avoid the odium of its association with the mad mullahs, Shell has in the past resorted to subterfuge to disguise its shipments of Iranian crude. The relationship between Shell and Iran has in fact continued unabated for many years, while the fanatical Iranian regime has been busy using the funds generated to supply roadside bombs to kill and maim Nato soldiers in Iraq and Afghanistan and fund its Nuclear Bomb program. Oil revenue is crucial to Iran.” (Extract from our article “Skirting sanctions on Iranian crude“)
LONDON, April 22 |
(Reuters) – Britain has blocked efforts by oil major Royal Dutch Shell to settle a $2.3 billion debt it owes Iran by paying in kind with grains or pharmaceuticals, industry sources said.
Shell has been trying for months to find a way to work around international sanctions that prevent it paying in currency for crude it bought from the National Iranian Oil Company before a European Union embargo on Iran that started last July.
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