Is Halliburton Immune from US Sanctions against Iran?

An interesting story tonight on the news feeds. Will Halliburton Energy Services be affected by the recent sanctions of the US Government on Iran, or will Halliburton/Cheney dictate otherwise?

Recent reports in the New York Times and the Washington Post focus on US pressures on foreign companies and governments which are known to have business ties with Iran. Surprisingly, these reports make no mention of Halliburton Energy Services Inc, which has important investments in Iran’s energy sector.

Halliburton Energy, as we all know has direct links to the Vice President’s Office, most notably Dick Cheney being it’s CEO in the 1990s. What might not be as widely known is that ever since the start of the Bush administration, Halliburton was under Federal investigation for violating sanctions against Iran that were in place at the time. What makes this even more interesting is that some of these allegations began when Vice-President Cheney was Halliburton’s CEO!

When Cheney was CEO of Halliburton in 1998, he was quoted as saying, “I think we’d be better off if we’d backed off those sanctions [and] didn’t try to impose secondary boycotts on companies…trying to do business over there.”

Hypocrisy is alive and well in the Vice President’s Office!

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