Iran to offer ‘commercial bonanza’ to US companies

Financial Times
February 26, 2026
AI-Generated Deep Dive Summary
Iran is offering US companies what it calls a "commercial bonanza" by opening up its vast oil and gas reserves for investment, signaling a strategic move to attract American businesses despite ongoing tensions between the two nations. This initiative comes as Tehran seeks to deter potential military confrontation with the United States under President Donald Trump's administration. By dangling lucrative opportunities in energy sectors long off-limits to US firms due to sanctions, Iran aims to create economic ties that could complicate a conflict and bolster its position on the global stage. The move is particularly significant given Iran's immense untapped oil and gas resources, which remain largely undeveloped due to decades of international sanctions. By offering incentives such as tax breaks and streamlined regulations, Tehran is hoping to attract US companies looking for new markets and high returns. This could create a unique opportunity for American businesses to invest in one of the world’s most resource-rich countries, potentially reshaping global energy dynamics. However, the decision carries risks. While Iran's offer could provide substantial economic benefits for US firms, it also comes at a time of heightened geopolitical tensions. The Trump administration has repeatedly warned against doing business with Iran, citing concerns over its nuclear program and regional influence. Despite this, Tehran is betting that economic pragmatism will prevail, as US companies weigh the potential rewards against political pressures. From a broader perspective, this initiative reflects Iran's strategic efforts to rebuild its economy after the easing of international sanctions following the 2015 nuclear deal. By courting foreign investment, especially from the United States, Tehran aims to boost its global standing and counterbalance the economic and political clout of its regional rivals. For businesses, this presents a dual-edged sword. While the potential for significant profit is undeniable, operating in Iran comes with inherent risks, including geopolitical instability, regulatory challenges, and the ever-present threat
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Originally published on Financial Times on 2/26/2026