The aircraft orders — worth tens of billions of dollars and, according to Boeing, nearly 100,000 US jobs — come as the incoming Trump administration in Washington formulates its Iran policy amid domestic pressures to go back on the outgoing Obama administration’s efforts to end Iran’s isolation. The National Iranian Oil Company (NIOC) has signed preliminary agreements with several international oil companies, including Total, Shell and Eni since the mid-January relaxation of energy sanctions.
Iran plane orders may test energy deals
Iran’s national airline Iran Air has signed deals with Airbus and US planemaker Boeing for dozens of new aircraft, potentially providing a test case of Tehran’s ability to break out of the sanctions stranglehold still affecting its oil and gas sector, writes Vahe Petrossian.
16 December 2016 0:00 GMT
Updated
16 December 2016 0:00 GMT