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KRWG.ORG-The Region's Home Page
NPR Story
2:00 am
Mon March 26, 2012
Business News
By editor
Royal Dutch Shell can't pay the $1 billion it owes Iran because of sanctions imposed on the Middle East country by the United States and European Union. The sanctions have made it nearly impossible to transfer the money. Reuters reports that Shell is trying to wrap up its business dealings with Iran.