Struggling Iran Wants Its People to Invest Their Money in Oil
- Rouhani says proposal will tap ‘high levels of liquidity’
- Oil Ministry also announces new ETF for Tehran Stock Exchange
A worker passes stores of oil drums and gas flares while working aboard an offshore oil platform near Lavan island, Iran.
Photographer: Ali Mohammadi/BloombergThis article is for subscribers only.
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Iran plans to enable members of the public to invest in oil on its capital markets for the first time, as the government looks for ways to strengthen an economy pummeled by U.S. sanctions and a major coronavirus outbreak.