The Iran Sanctions Act (ISA)

14 12 2009

URL: Source: Congressional Research Service.

International pressure on Iran to curb its nuclear program is increasing the hesitation of many major foreign firms to invest in Iran’s energy sector, hindering Iran’s efforts to expand oil production beyond 4.1 million barrels per day. However, Iran continues to attract preliminary energy investment interest from firms primarily in Asia, which appear eager to fill the void left by European majors and to line up steady supplies of Iranian oil and gas.




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