Shell Stops Selling Gasoline to Iran

Shell has become the latest major petroleum company to stop servicing Iran as U.S.-led efforts to thwart Tehran's nuclear program gain corporate acceptance, the Associated Press reports.

"We do not currently sell any gasoline to Iran," said a company spokesman in The Hague.

On Monday, the Financial Times reported that Vitol, the world's largest oil trader, had joined Glencore and Trafigura in quietly halting gasoline shipments to the Islamic republic under the threat of U.S. sanctions.

"The political and public relations problems more than outweigh the business rewards," said one executive.

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