IRAN

New Iran Contracts: First Glimpse Within Weeks

As IOCs size up the Iranian upstream ahead of a possible lifting of sanctions, Iran is putting the finishing touches on a new oil contract it hopes to unveil this month.

Theoretically speaking, Iran is not open for business. This is a line US officials have found themselves having to repeat on an almost daily basis, particularly since an interim deal was struck between Iran and world powers on the Islamic Republic’s nuclear program...