WASHINGTON — As Republicans in Washington bashed President Barack Obama’s efforts to secure an Iran nuclear deal last year, Exxon Mobil was watching.
The oil giant’s European competitors were preparing to enter Iran’s oil business — something the company legally could not do with American sanctions still in place stemming from Iran’s nuclear program. Exxon hired lobbyists to monitor the fight in Washington, though the company said it never took a position on whether the sanctions were appropriate.
Given Chief Executive Rex Tillerson’s position on sanctions in general, it was scarcely needed.
“We always encourage the people who are making those decisions to …read more
Source: The News
