Iran has re-entered the world economy following its decade-long isolation, sending oil prices and Middle East stock markets tumbling. With UN-led sanctions lifted, Iran is gearing up to increase its oil output by 500,000 barrels a day and is also eyeing the implementation of a flurry of economic measures.
It is estimated that Tehran would be able to unlock nearly $100bn (£70bn, €91.8bn) of frozen assets as part of the financial windfall it has received, following the formal implementation of its nuclear deal with world powers. More than $30bn in foreign assets would be immediately available to Tehran as it comes out of economic hibernation.
https://endtime.com/wp-content/uploads/2020/06/endtime-logo.png 0 0 alphatimes https://endtime.com/wp-content/uploads/2020/06/endtime-logo.png alphatimes2016-01-18 00:00:002018-03-28 17:26:56Sanctions-free Iran re-enters world economy with a bang