08/12/2016at 10:09

Shell is close to oil deal with Iran

A spokesperson for Iran's oil ministry tells the Wall Street Journal that the country expects to land an agreement with Shell. The news comes after Total sealed an agreement with Iran in November as the first western company to do so since the sanctions were lifted.

BY NIKLAS KRIGSLUND, SHIPPINGWATCH

Shell is close to securing a major deal for oil extraction in Iran.

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