The LA Times article that I refer to reports that Halliburton will pull out of Iran after its current contracts there are wound down, Chief Executive Dave Lesar said: 'The business environment currently in Iran is not conducive to our overall strategy and objectives.' Halliburton provided no details on when its current contracts in Iran would be completed or on the value of the work. The company generated about $80 million in revenue in Iran in 2003.

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