Economics
Tillerson Warns Against Doing Business With Iran’s Revolutionary Guards
- Secretary singles out investments tied to Revolutionary Guard
- U.S. helps inaugurate new Saudi-Iraq alliance against Iran
Tillerson Calls on Europe to Back Iran Sanctions
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Secretary of State Rex Tillerson warned global companies that they do business with Iran’s Revolutionary Guards “at their own risk,” remarks that will add to investment uncertainty in a country eager to reap the economic benefits of a 2015 nuclear accord.
Tillerson, visiting Saudi Arabia to help inaugurate an alliance against Iran between the kingdom and Iraq, called on governments to join a U.S. sanctions regime against the Islamic Revolutionary Guard Corps, a hard-line military and political force.