EU and U.S. sanctions are making it almost impossible for Shell (RDS.A) to pay off nearly $1B...

|By:, SA News Editor

EU and U.S. sanctions are making it almost impossible for Shell (RDS.A) to pay off nearly $1B that it owes Iran for crude oil, Reuters reports. While Shell wants to abide by the sanctions, it also wants to stay on good terms with Iran. "The U.S. pressure is really working," a source says. "It's now nearly impossible to use the banking system."