Reuters Iran aims to ramp up wheat exports to clear a hefty surplus supported by a government self-sufficiency drive, but may continue to import some wheat to meet the quality requirements of local millers, an industry group said. The government has prioritised wheat — a heavily consumed staple in Iran — in domestic grain production in the face of …

  Reuters Norwegian oil and gas company DNO is to study the development of an oil field in Iran, becoming the second western company after France’s Total to sign an energy deal in the country since the lifting of sanctions. DNO said it had signed a memorandum of understanding with the National Iranian Oil Company (NIOC) to conduct a study …

  Bloomberg Israel formally invited bids for 24 new oil-and-gas exploration licences off its Mediterranean coast on Tuesday, the first in four years. “We are offering for exploration half of our economic waters in 24 blocks,” Energy Minister Yuval Steinitz said, announcing the offer which closes on April 21. “Estimates are that most of the natural gas in Israel’s economic …