Glencore Xstrata/Trafigura: Trade with Iranian Firm Allegedly Supplying Nuclear Program

In March 2013, Reuters [1] reported that Glencore possibly violated international trade restrictions “in a manner that circumvents sanctions” by providing raw alumina to an Iranian firm that supplies Iran´s nuclear program.

[1] Louis Charbonneau, Michelle Nichols (2013): “Exclusive: Glencore, Trafigura deals with Iran may have skirted sanctions – U.N”, Reuters, 22 May.