Glencore executives visit Iran for oil talks
By Najmeh Bozorgmehr in Tehran, David Sheppard and Neil Hume in London/ Senior executives from Glencore have met with Iranian officials in Tehran ahead of a possible deal on its nuclear programme, in the first sign commodity trading houses are positioning to help the Opec-member return to the international oil market. Glencore’s visit follows discussions between European oil majors over long-term investments in the country’s oil and gas industry if Western sanctions are lifted, but big oil traders may have a more immediate role to play./ ...
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