If Dutch Shell moves forward with its proposed $10 billion deal with Iran, it will be sanctioned. If Malaysia moves forward with a similar deal, it too will be sanctioned. The same treatment will be accorded to China and India should they finalize deals with Iran.
The corporate barons running giant oil companies - who have cravenly turned a blind eye to Iran's development of nuclear weapons - have come to assume that the Iran Sanctions Act will never be implemented. This charade will now come to a long overdue end.
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The above was a piece from Mr. Tom Lantos's proposed legislation. Note China has huge deals with Iran and is obviously not gonna walk away from $100 billion projects,INdia aneeds gas bad. Though actions against Iran are understandable the reality is this affects non-Iranian countries more than it is possible to bear. Sooner or later India and CHina will ally in search of energy -this bill was the biblical equivalent of the Kings of the East coming together and the 200million man army moving into the MIddle East. What a mistake.
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