Rooyesh

The Bush administration faces a growing dilemma over the pressure it is placing on European companies to suspend investment in Iran, with some US lawmakers dissatisfied with the effort and European allies worried about its tactics. The US Treasury and State Department have sent officials across Europe, stepping up pressure on international oil and gas companies in particular not to go ahead with investment plans in Iran. They are seeking to turn the economic screws on Tehran over its nuclear programme, which has already attracted limited United Nations sanctions.

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