Pentagon Contractors Exploring Business with Iran

Multiple companies currently exploring new business ventures in Iran are also cashing in on highly lucrative contracts with the U.S. Defense Department, raising questions about whether their dealings with Iran could run afoul of U.S. law.

At least 13 major international companies have said in recent weeks that they aim to reenter the Iranian marketplace over the next several months. The companies have received Pentagon contracts totaling well over $107 billion, according to a Washington Free Beacon analysis that tracked DoD contracts awarded since fiscal year 2009. Continue reading

Saudi prince to Iran: We won’t sit idly by

Riyadh’s envoy to London slams US ‘incomprehensible rush’ to a deal with Tehran, won’t comment on reports of Saudi-Pakistan nuclear deal

In an acerbic interview shortly before the Geneva interim deal was signed, a senior Saudi diplomat issued a rare direct threat to Iran, warning that “all options are available” should the international community fail to rein in Iran’s alleged drive to acquire nuclear weapons.

The statement from Prince Mohammed bin Nawaf bin Abdulaziz, the Saudi ambassador to London, came as talks between Iran and the P5+1 group of world powers were in full swing in Geneva. Continue reading