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Exxon Mobil Says Media Reports About It Lobbying On Iran Sanctions Inaccurate

Exxon Mobil Corp. (XOM) said that media reports about the company lobbying the U.S. government on Iran sanctions are inaccurate. The company noted that the erroneous media reports resulted from errors in a consultant's lobbying disclosures.

"ExxonMobil is not lobbying on Iran sanctions," said Ken Cohen, vice president of Public and Government Affairs.

Cohen added that current U.S. law prohibits American companies from operating in Iran.

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