Iran tests foreign interest with oil fair | GulfNews.com:
"Iran’s annual oil and gas fair opened in Tehran on Tuesday, with 600 foreign companies seeking to position themselves for a return to large-scale operations if international sanctions are lifted.
With some of the world’s biggest oil and gas reserves, the industry is the cornerstone of Iran’s economy, but it was heavily hit by an American and European embargo on the energy and banking sectors in 2012.
Major energy firms have since left or been stifled from doing business because of economic sanctions imposed as punishment for the country’s disputed nuclear programme."
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