Tuesday, June 26, 2007

UPDATE 1-Iran sanctions bill passes first US Congress test

(Reuters) - WASHINGTON, June 26 - President George W. Bush
would be forced to sanction oil and gas companies doing
business with Iran under legislation that cleared a first
hurdle on Tuesday by winning overwhelming approval from a
congressional committee.




The bill was approved 37 to 1 by the U.S. House of
Representatives International Relations Committee.


Read more at Reuters.com Bonds News

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