Iran is delaying a London oil contracts roadshow to next year to make it possible for Western companies to sign them, an Iranian oil official said Monday. The news comes after the Islamic Republic last month failed to reach a comprehensive nuclear agreement with six world powers, postponing a deadline to reach a deal to Nov 24. The delay has forced companies from the U.S. and the European Union to delay their return to the country’s vast oil and gas resources. Speaking to The Wall Street Journal, the Iranian oil official said “the conference in London will be in February 2015.” Iran’s oil ministry had already postponed the date from July to early November 2014. A committee set up by oil minister Bijan Zanganeh has proposed draft oil contracts designed to attract Western investors to Iran. But sanctions currently ban U.S. and European companies from entering the country’s hydrocarbon […]