Politico: Energy Giants Race to Tehran

Iran’s energy sector is an enormous prize for European energy giants, who are lining up in anticipation that a hoped-for nuclear proliferation accord by Tuesday’s deadline opens up one of the world’s largest oil and gas markets.

In meetings with Iranian policy makers in May and June, companies such as Italy’s Eni, France’s Total and Anglo-Dutch Shell have underscored that the industry stands ready to re-enter the country should decade-old sanctions be lifted.

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