Foreign investors are expected to flood the Iranian market as sanctions relief expands the country’s oil potential, officials said Monday. Iran could see sanctions pressures ease if a framework agreement reached last week in Switzerland enters into force in July. Iran, under the terms of the agreement, would pull back substantially from the brink of developing a nuclear weapon. Iran is limited to around 1 million barrels of oil per day in exports under the terms of a November 2013 deal with international powers. Exports could double if all sanctions are released later this year. “After July 1, foreign investors will flock to Iran, particularly to the oil and petrochemical sectors,” Abbas Sheri-Moqaddam, director of the National […]