Wednesday, December 7, 2016

Shell signs with Iran to explore oil projects despite Trump's threat to undo nuke deal

Oil giant Royal Dutch Shell on Wednesday signed an agreement to explore oil projects in Iran, despite threats by US President-elect Donald Trump to nix the Iran nuclear deal. 

The move suggests that oil companies are willing to take the risk that the new US leadership could re-impose sanctions on Iran.

Our correspondent Liling Tan reports from New York.

IN: "Shell is the.."
OUT: SOC
DUR: 40 seconds