Steering the region’s second-largest economy through Western sanctions means Iran is in a unique position to weather an oil sector downturn, Moody’s said. Moody’s Investor’s Service said the Iranian economy is more diverse than other oil exporters in the region. “International sanctions meant that Iran had to adapt to the reality of lower oil revenues and implement structural reforms much earlier than other oil-exporters,” Atsi Sheth, an associate director with Moody’s, said in a statement from Singapore. “Most other oil-dependent sovereigns are only just beginning to consider structural fiscal reform.” Iranian President Hassan Rouhani wrapped up a tour of European nations after sanctions pressures eased in response to the January implementation of a multilateral nuclear […]