IRAN
 
Cornered Iran Contemplating New Oil Contracts
 
In an effort to attract further foreign investment into its already ailing oil and gas sector, Iran has set out to modify the contracts it offers to oil companies looking to enter the country.
 
Iran’s energy sector – the mainstay of the country’s economy – has been taking hits on multiple fronts over the past 18 months, with US-led pressure on oil sales impacting both oil...