Oil Will Test Iran's Deal with US, Minister Says

Iran's oil industry will be a key test case for any final peace agreement with the US, provided that Western parties remain true to its spirit, Oil Minister Mohsen Paknejad said on Sunday.

The oil ministry's news portal, Shana, quoted Paknejad as saying that once the agreement is concluded, Iran's oil sector will offer significant investment opportunities to the global economy. He said hundreds of investment projects were ready, along with technical and operational partnership agreements awaiting signature.

(Reuters)