FOR IMMEDIATE RELEASE
September 28, 2010
Contact: Kimmie Lipscomb, [email protected]
Phone: (212) 554-3296
UANI Condemns Royal Dutch Shell for Increasing Its Business in Iran
York, NY - United Against Nuclear Iran
(UANI) today condemned Royal Dutch Shell for
increasing its business with Iran. Rather than complying with
of U.S. and EU law, Royal Dutch Shell conducted over a billion dollars'
of trade in crude oil with Iran's state-owned oil company during the
summer. The U.S. sanctions that President Obama
signed into law in
July are targeted directly at Iran's oil industry. The Guardian broke the
news of Shell's business in Tuesday's newspaper.
In response to the news of Royal Dutch Shell's actions, UANI President, Ambassador Mark D. Wallace said:
UANI has targeted Royal Dutch Shell over the past year for its business in Iran and through the Iran Disclosure Project has called on Royal Dutch Shell to adequately disclose to its investors the risks associated with its business in Iran.
# # #