Iranian Minister: Oil sector willing to test deal
Iranian Oil Minister Mohsen Khojasteh-Mehr stated that Iran's oil sector will serve as a decisive test for any final agreement with the United States, provided that Western parties commit to its terms. This comes amid negotiations taking place in Switzerland between Iran and the U.S. aimed at reaching an agreement to permanently end the war. He emphasized that, after the deal, Iran’s oil sector would offer vast investment opportunities and include hundreds of projects and ready contracts. The comments come amidst heightened tensions between Iran and the U.S., as Iran recently closed the Strait of Hormuz and succeeded in resuming oil exports from Kharg Island after the U.S. Navy lifted the blockade on its ports.
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