GLOBAL PERSPECTIVES

Iran’s Energy Resurgence at Risk as U.S. Grows More Confrontational

Aug 9, 2017 | 09:00 GMT

Heightened tensions between Washington and Tehran look certain to stall already challenging efforts by Iran to attract billions of dollars in foreign investment for its oil and gas industry.

(ATTA KENARE/AFP/Getty Images)

Heightened tension between Washington and Tehran seem certain to stall Iran's already challenging effort to attract billions of dollars in foreign investment into its oil and natural gas industry. Though Iran finally signed its first major contract in early July with French energy giant Total, initial expectations that the deal would be only the first of many have been upended by the worsening political climate triggered by new U.S. sanctions against Iran....

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