Regional banks explore Iran entry

Banks in the Persian Gulf Arab states, including Dubai’s largest lender Emirates NBD, are already meeting prospective clients and taking legal advice about entering Iran’s financial system now that many international sanctions have been lifted. Regional banks are likely to lead the way on business deals. Banks from the UAE,…

Greece discusses crude oil purchases from Iran – Greek energy minister

Greece held talks on Friday on restarting crude oil purchases from Iran after the lifting of nuclear-related international sanctions last week, Greek Energy Minister Panos Skourletis said. Skourletis met Iran’s Deputy Oil Minister Amir Hossein Zamaninia in Athens. ‘They (Iran) are positively disposed towards and think that Greece can be…