Israel:good relations with Iran

This satellite image of the Airline of the Islamic Republic of Iran, also known as Iran Air, was taken by Google Earth and reveals a Star of David symbol.

Military

The Daily Telegraph :in the Iran-Contra affair, Washington authorised Israel to sell US. weapons to Iran in violation of an international embargo. Some of the proceeds later went to fund anti-communist Contra rebels in Nicaragua.

Economy

NPR:WASHINGTON May 24, 2011
The Obama administration on Tuesday hit seven foreign companies, including an Israeli shipping firm
Ofer Brothers Group,The Israeli company, along with Tanker Pacific of Singapore, are accused of failing to exercise due diligence in participating in the 2010 sale of an oil tanker to the Iranian national shipping company, which is already under U.S. and European sanctions. The two firms are now barred from getting loans of more than $10 million from American banks and from getting U.S. export licenses.

bbc news:Fears that an Iranian ban on imports from its arch foe Israel was flouted by the sale of Jaffa oranges have sparked an inquiry in Tehran, reports say.

City authorities asked the judiciary to take action after the Israeli fruit was allegedly imported in boxes marked as Chinese, local media report.

The fruit was imported via Dubai and put on sale at markets and in shops in and around Tehran, one report says.

Los Angeles Times:For years, the U.S. has been pressuring Israel to break the habit of buying Iranian pistachios from third-party markets such as Turkey and turning a blind eye to trade-embargo issues (although the U.S. trade sanctions seem to have their own quirks).