A last-ditch attempt by Europe to revive the Iranian nuclear deal has stoked speculation that millions of barrels of oil are set to flood world markets.
The return could be swift if Tehran’s previous comeback is any guide, Bloomberg reported.
Should an agreement materialize, Iran could ramp up...
Electricity consumption reached an historic high in Iran on Tuesday but no blackouts were reported across the country, the spokesman of the power industry said.
“Due to the rising temperature, electricity consumption reached 69,458 megawatts during daytime, the highest of all times and breaking...