A Trump red light for Iran deal: what's at stake for oil and gas
Firms such as Total may face new hurdles in contributing to the country's US$100b need for investment in sector
Thu, Oct 12, 2017 - 5:50 AM
Iran has raised oil output to 3.8m barrels a day since sanctions were eased in January 2016, and it's seeking to boost production capacity for crude to 4.7m barrels a day over the next five years.
IRAN, already struggling to attract investors to its energy industry, may find things tougher still as US President Donald Trump tries to undermine the nuclear deal that eased sanctions on Opec's third-largest crude producer. His efforts won't immediately curb the flow of some 2.3...