Shell permitted to build petrol stations, while BP has sent managers on a fact-finding mission

The possibility of a major British oil company regaining access to one of the world’s great hydrocarbon markets rose on Friday with officials in Tehran saying Shell would be allowed to build 100 petrol stations in Iran.

In a separate move, BP confirmed that it had sent a team of managers to a country which has been out of bounds since western sanctions were imposed over Iran’s nuclear programme.

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