The United States isn't happy with the French firm Total's announcement that it has signed a US$2 billion contract to develop natural gas fields in Iran. But after noting its objections - and receiving a stern rebuke from the EU - the White House late today moved to calm the waters, saying it would "take some time" to evaluate whether sanctions might be in order.
French Deal Roils US
The United States isn't happy with the French firm Total's announcement that it has signed a US$2 billion contract to develop natural gas fields in Iran. But after noting its objections - and receiving a stern rebuke from the EU - the White House late today moved to calm the waters, saying it would "take some time" to evaluate whether sanctions might be in order.
