Entering text into the input field will update the search result below

Major firms poised to benefit from easing of Iran sanctions

  • A number of international companies could benefit from the easing of sanctions on Iran, including in the areas of cars, petrochemicals, aviation parts, gold, and insurance for oil cargoes.
  • Peugeot Citroen and Renault are particularly pleased, while Bayer (OTCPK:BAYZF), synthetic rubber supplier Lanxess (OTCPK:LNXSF), France's Arkema (OTCPK:ARKAF), and Belgium's Solvay (OTCQX:SVYSF) could also benefit.
  • However, because the EU's oil embargo will remain in place, major oil providers such as Total (NYSE:TOT), Eni (NYSE:E) and Statoil (STO) won't enjoy an immediate boon.
  • American companies don't stand to profit either, due to a decades-old ban on trade between the U.S. and Iran.

Recommended For You

More Trending News

About BAYZF Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
BAYZF--
Bayer Aktiengesellschaft
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.