Halliburton has been doing business in Iran since 1995

"The U.S. has laws prohibiting companies from doing business with “rogue, terrorist-sponsoring” countries — including Iran, Syria and Libya. Halliburton has a Cayman Island subsidiary which somehow wiggles out of these pesky restrictions.

Halliburton has been doing business in Iran since 1995. They’ve been in violation of U.S. sanctions at least since 2001, according to the Wall Street Journal.

Halliburton has been making about $40 million a year through its Iranian dealings. This is tiny compared to their multi-billion dollar contracts in Iraq.

Halliburton is probably the biggest and best-known violator of these U.S. sanctions. Conoco-Phillips and General Electric have also conducted massive operations in Iran and Syria.

There’s so much American business activity in these countries, that basically anyone with a retirement or investment portfolio probably has money invested in “rogue, terrorist-sponsoring” countries."

Tom Harper from Bring It On!