Europe Oil Buyers Return to Tehran to Talk Business

TEHRAN (FNA)- Major European oil buyers are queuing up to meet Iranian officials as they jostle to re-establish a strong position with Tehran in anticipation of a full lifting of the Western sanctions.

Even as the United States and its Western allies try to hold the line to maintain tough sanctions, executives from European oil firms, among them France’s Total and Italy’s independent refiner Saras, have visited Tehran in recent weeks, industry sources say, for talks with the National Iranian Oil Co (NIOC), Reuters reported.  read more >