Energy companies with U.S. headquarters are welcome to do business in Iran, though sanctions may be prohibitive, the country’s oil minister said. Iranian Oil Minister Bijan Zangeneh confirmed the state-run National Iranian Oil Co. was in talks with General Electric on the possibilities in the Iranian oil and gas sector. “In general, we have no problem with the presence of American companies in Iran,” Iran’s Press TV quoted the minister as saying. “But it is the American government that is creating restrictions for these companies.” A July nuclear agreement between the five permanent members of the U.N. Security Council, plus Germany, and Tehran could eventually release full sanctions pressure on the Iranian oil sector. The minister […]