Oil

Iran's Plan to Lure Big Oil

A new contract system would give foreign investors a better deal. But they are still scared of U.S. sanctions.

A buying opportunity.

Source: STR/AFP/Getty Images

Far away from the bloody Syrian conflict and continuing rancor of the Iran nuclear deal, influential policymakers in Tehran are debating the future of the country’s energy resources. They know Iran needs vastly increased foreign investment to revive its ailing economy after years of international sanctions and economic isolation.

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