Norway flashes 'Iran cash'

Norway is extending a credit line of $1 billion for domestic companies to invest in Iran’s oil and gas sector, as well as other areas, after the lifting of Western sanctions on the Middle East country earlier this year, according to a report.

Credit line: Norway's Foreign Minister Borge Brende
Credit line: Norway's Foreign Minister Borge Brende
Published 10 October 2016, 12:16Updated 25 October 2016, 15:00
Middle East