Iran scrambles to lift petrochemical sales as sanctions hammer oil
Tehran has been selling increased volumes of petrochemical products at below market rates, in countries including Brazil, China and India, since the United States reimposed sanctions on Iranian oil.
A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Persian Gulf, Iran, July 25, 2005(photo credit: RAHEB HOMAVANDI/REUTERS)ByREUTERS