Iran is looking to tap foreign direct investment (FDI) for many of its planned projects in the post-sanctions era, now that the country can effectively access international debt markets. Oil revenue is projected at around 25% of the total budget revenue in the new Iranian year starting on 21 March, and Iran is looking to accelerate the diversification away from high oil dependence. As things stand, the main driver for the falling contribution of oil to the Iranian economy is low oil prices,...