Iran admits sanctions hurting oil industry
TEHRAN Thomson Financial - Iran admitted that international sanctions
imposed over its controversial nuclear programme were harming its ability to
invest in oil infrastructure.
"The problems that they have made for banks have troubled financing of some
projects," Oil Minister Kazem Vaziri Hamaneh told the official IRNA news agency.
The UN Security Council has adopted two sets of sanctions against Iran over
its failure to heed ultimatums to suspend uranium enrichment.
The US has also imposed separate sanctions of its own.
Pertinent Links:
1) Iran admits sanctions hurting oil industry
Tuesday, July 03, 2007
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