Exclusive: U.S. sanctions have idled a quarter of Iranian oil rigs
March 10, 20204 min read844 words
Published: March 10, 2020  |  4 min read844 words
By LONDON (Reuters) - At least a quarter of Iran’s oil rigs are out of action as U.S. sanctions strangle the Islamic Republic’s vital oil industry, according to a Reuters review of financial documents and industry sources, dealing a potentially long-term blow to its oil industry....
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