Tuesday, June 26, 2007

Why do US companies trade with Seyyeds in Iran?

It is about time the US Treasury showed, which companies in the US at least, that do trade with the Seyyeds in Iran.

Most of the companies listed on the site are foreign, although the list includes some US firms including Baker Hughes, Marathon Oil and Mastercard which have disclosed ties to Sudan, according to the links on the SEC's website.

The SEC said the appearance of a company on the list, however, does not mean "that the company directly or indirectly supports terrorism or is otherwise engaged in any improper activity."

The new link on the SEC's website comes after US Treasury Secretary Henry Paulson last week urged US allies to help cut off Iran's banks from the global financial system, accusing the Iranian Revolutionary Guard of funding and training Middle East militant groups.


more here:

http://www.petroleumworld.com/story07062605.htm

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