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Halliburton To Pull Out of Iran

HeadlineJan 31, 2005

In business news, Vice President Dick Cheney’s former company Halliburton has announced it will soon stop doing business in Iran where it has operated for years despite a U.S. trade embargo. Halliburton is currently the largest private contractor in Iran. The company bypassed the trade embargo by setting up a subsidiary in the Cayman Islands to deal with Iran.

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