Serica, BP get temporary US OK to work on partly Iranian-owned UK project

Serica Energy said on Monday that the US Treasury had given temporary approval for certain US businesses to work on a British North Sea oil and gas field owned in part by Iran, which is targeted by US sanctions.

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Iran Update, July 2, 2025

Key Takeaways Former President Hassan Rouhani is likely attempting to reenter Iran’s political scene by …