Why is Iran talking oil exports after years of sanctions?
Iran now needs $160 billion of investments in its oil and natural gas industries in the coming years in order to avoid becoming a net importer, the oil minister has said.
Iran's new President Ebrahim Raisi receives the endorsement decree for his presidency from Iran's Supreme Leader Ayatollah Ali Khamenei, in Tehran(photo credit: REUTERS)BySETH J. FRANTZMAN
