Iran risks having its massive crude oil assets become stranded unless the United States lifts the sanctions that the Trump administrations imposed on Tehran three years ago, Reuters has reported, noting the sanctions have prevented the country from boosting its production capacity as other major producers have done. Iran said last month it was already beginning to ramp up crude oil production in anticipation of the removal of sanctions, but this has yet to happen as the Biden administration has tied the removal to Iran suspending its uranium enrichment…
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