Global Business in Iran Database

In-depth metrics and analysis of Iran's international economic partnerships.

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Glencore reduces Petroleum Exports, Iran

description

Glencore International AG, one of the world's largest commodity trading companies, is reportedly reducing oil and gasoline exports to Iran, in favor of its long-standing business ties to Israel.  The company would not disclose how much refined petroleum it ships to Iran each month, but has said that since June 2009, Glencore has been reducing exports. 

Status

  • Current Status:
  • Discussion Date: Mon, 2009-12-07
  • Contract Date:
  • Completion Date:

Citation

1. "Top oil exporter dumps Iran in favor of Israel", Israel Today, 7 December 2009, available at http://www.israeltoday.co.il/default.aspx?tabid=178&nid=20114.

2. "Report: Israel using Swiss gasoline supplier to pressure Iran", Free Republic, 5 December 2009, available at http://www.freerepublic.com/focus/f-news/2400838/posts.

All projects by Glencore International AG