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Tehran: Oil industry to be testing ground for any final US-Iran deal

Iran's oil sector will be a key test for any final peace deal with the US, provided Western nations honor its intent, Iranian Oil Minister Mohsen Paknejad said Sunday.

Reuters WORLD
Published June 21,2026
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Iran's oil industry will be a ⁠key testing ⁠ground for any final peace agreement with ⁠the U.S. if Western parties remain committed to its spirit, Oil Minister Mohsen Paknejad said on ⁠Sunday.

The ministry's ⁠news outlet, Shana, quoted Paknejad as saying that in a post-agreement era, Iran's oil ⁠sector would offer the global economy major investment opportunities and has hundreds of ⁠investment ‌projects, ‌as well as ⁠technical ‌and operational partnership contracts ready ⁠to ⁠be signed.