Financial Times FT.com

Europe warns US on Iran sanctions

By Daniel Dombey and Javier Blas in Londonand Francesco,Guerrerain Detroit

Published: August 3 2007 03:00 | Last updated: August 3 2007 03:00

European governments are warning Congress that US legislation aimed at Iran could hit European energy groups, undermine transatlantic unity on Tehran's nuclear programme and provoke a dispute at the World Trade Organisation.

Diplomats from France, Germany and the UK, among other countries, have stepped up a lobbying campaign on Capitol Hill against moves that would mandate sanctions on energy companies that invested more than $20m (€14.6m, £9.9m) in Iran.

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