The U.S. Environmental Protection Agency said today it was suspending BP from bidding on any new government contracts, citing a "lack of business integrity" by the company in the wake of the 2010 Deepwater Horizon catastrophe.
The EPA said the suspension is temporary and doesn't affect existing contracts. BP is the top supplier of fuel to the U.S. Department of Defense, representing hundreds of millions of dollars to the company and its affiliates.
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