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US to link Iran's oil firm to Revolutionary Guard
- Iran: Tuesday, September 25 - 2012 at 08:45
The US administration is set to report that Iran's state-owned oil company is linked to a military unit "sanctioned for weapons proliferation, terrorism and human-rights abuses," Bloomberg has reported, citing a US official involved in the finding. Treasury Secretary Timothy Geithner will present evidence in a classified report to Congress that the National Iranian Oil Co (NIOC) is "an agent or affiliate" of Iran's Islamic Revolutionary Guard Corps, the official said. However, the Treasury Department didn't find sufficient proof to sanction the National Iranian Tanker Co (NITC), the main carrier for Iranian crude, for ties to the Revolutionary Guard, said the official.
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