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Big Oil again covets Iran's reserves after decades of conflict

But a deal on commercial terms could prove more difficult than is widely understood
Tuesday, March 31, 2015 - 05:50

London

OUTSIDE the boardroom of BP plc's headquarters on London's swanky St James's Square, a display case houses the geological data from Masjid-i-Solaiman, Iran's first oil well.

The discovery of crude in 1908 laid the foundations for the company that would become British