Shell CEO Discusses $2 Billion Debt Payment With Iran Oil Minister
Company was constrained to pay Iran oil deliveries because of international sanctions/ VIENNA—Royal Dutch Shell PLC said Wednesday it was discussing the repayment of an outstanding debt of over $2 billion with Iran when international sanctions are lifted. The debt, which stems from Iranian oil deliveries that Shell was unable to pay because of the sanctions, are a reminder of the issues foreign companies will need to resolve before any return to Iran. Speaking to reporters after a meeting with Iran Oil Minister...
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