The Islamic Republic aims to become a major regional gas trading platform to counter US sanctions Iran is seeking to create a gas hub in cooperation with the country’s Eurasian trade partners, Oil Minister Javad Owji announced on Wednesday. The move is part of Tehran’s efforts to strengthen regional cooperation and enhance its position on the global energy market. Iran is one of the largest oil and gas producers in the world, selling most of its energy to Asian markets despite the threat of US secondary sanctions. The new project is planned for the Asaluyeh region of the southern Bushehr province. “Having 33 trill
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