European oil companies are poised to defy U.S. sanctions aimed at curbing foreign investment in Iran’s oil and gas industry. Such action would not only bolster Iran’s economy — and, potentially, its nuclear weapons program — but also undermine American policy. European companies are reportedly eager to strike deals with Iran as soon as possible in a bid to pre-empt potential U.S. commercial involvement in the event of a diplomatic breakthrough between Washington and Tehran.
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The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
