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Iran plans $2.5bn oil tanker expansion

ENERGY

Iran plans $2.5bn oil tanker expansion

Iran is renting its oil tankers to foreigners after the lifting of sanctions and plans $2.5 billion of investment to renovate and expand the fleet, a senior official says.

Official: US hindering Iran’s recovery

ECONOMY

Official: US hindering Iran’s recovery

A senior nuclear negotiator says Iran’s return to normal business will take time after the lifting of sanctions but US hindrances are making it difficult.