UPDATE 1-Austria's OMV stands by Iran project but no investment yet
Upstream chief says Iran project not at standstill * OMV says monitoring political framework closely (Adds background, detail) VIENNA, May 22 (Reuters) - Austrian energy group OMV is continuing with planned Iranian energy projects despite the United States’ withdrawal from a nuclear pact with Tehran, but said on Tuesday it had made no investments there yet. European firms doing business in Iran face U.S. sanctions after President Donald Trump withdrew from a deal between the U.S., France, Germany, Britain, Russia, China and Iran, which ...
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