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Updated Thursday, December 17, 2009 10:00 am TWN, AP U.S. House votes to expand sanctions against IranThe legislation, approved 412-12, would end access to U.S. markets for foreign companies that sell refined petroleum products to Iran or help that country develop its petroleum capacity. While Iran is a major crude oil producer, its lack of ability to produce enough gasoline and other refined petroleum products is a major economic vulnerability. Subscribe to The China Post and save 25%. Click here |
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