Iran's Low-Cost Barrels Lure Oil Titans as Crude Slump Deepens

  • Full crude sales to Europe, Asia to resume as sanctions lifted
  • `Eldorado' of cheap oil could attract back Shell, Total, BP

Middle East Oil Turmoil as Iran Re-Enters Global Market

Iran’s return to international markets will spur investment in the Persian Gulf nation’s neglected oil fields as companies from Royal Dutch Shell Plc to Total SA hunt for profitable barrels with crude near a 12-year low.

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