Iran May Evade U.S. Sanctions as U.A.E. Delivers Fuel (Update1)

Oct. 29 (Bloomberg) — A U.S. effort to pressure Iran into nuclear concessions by curbing gasoline imports may have little impact because the United Arab Emirates and other countries are willing to keep shipping fuel to the Islamic Republic.

About $2.8 billion worth of gasoline passes through the U.A.E. to Iran each year, amounting to 75 percent of Iran’s refined fuel imports. Sanctions passed yesterday by the House Foreign Affairs Committee will have limited effect unless international curbs follow, said Cliff Kupchan, a senior analyst at Eurasia Group, a New York political-risk consulting firm.

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