Thursday, August 12, 2010

Lukoil Resumes Sales to Iran Despite U.S. Pressure

Russian oil giant LUKOIL resumes gasoline sales to Iran in partnership with China's state-run firm Zhuhai Zhenrong, even as the U.S. issued calls to the international community to be tough on Tehran. Fear of blacklisting by the U.S. has kept many firms from doing business with Iran and, according to the Moscow Times, Lukoil operates more than 1,500 gasoline stations in the United States.

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