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BP has created a new executive committee to explore business in Iran which will exclude its American chief executive Bob Dudley in a bid to avoid potential violations of U.S. sanctions still in place.The new committee is headed by BP's chief financial officer Brian Gilvary, who is a British national. Gilvary will coordinate the oil major's operations in Iran and any discussions with the country's national oil company, according to industry sources.Sanctions imposed by the United States on Iran, which prevent U.S. companies from dealing with Iran, remain in place.BP, which was founded more than a century ago as the Anglo-Persian oil company, has yet to sign any deals with Iran.
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