SUBSCRIBERS

Commodity traders look to resume exports to Iran

Apart from petrol, Teheran had been a big buyer of grains and sugar till sanctions intervened

Published Wed, Apr 22, 2015 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    London

    The world's largest commodity trading houses are first in line to profit from the much expected return of Iran to global markets as Teheran and Washington enter into the final three months of nuclear talks.

    While the global oil industry has been seen as the biggest beneficiary of a thaw, commodities traders including Cargill, Glencore, Vitol, Trafigura Beheer and Louis Dreyfus Commodities have a long history in Iran, helping to export its oil and import daily basics like petrol, wheat and rice.

    Copyright SPH Media. All rights reserved.