It’s the historic agreement implemented in Vienna on Saturday that lifts a broad range of sanctions on Iran. The highest profile impact is lifting the embargo on Iranian oil exports, which is already pushing the oil price to sub-$30 per barrel prices.
It also potentially means a new market for UK companies. EEF have reported that almost 30% of UK manufacturers could benefit from an easing of trade sanctions with Iran.
— EEF Economics Team (@EEF_Economists) January 18, 2016
But any company thinking about exporting to Iran should tread carefully and seek advice. A good place to start is the Government’s updated guidance on doing business with Iran.