Russia-Ukraine Conflict Opens Up Economic Opportunities for Iran

The Russia-Ukraine conflict has driven up global energy prices. 
However, it has opened an opportunity for Iran to increase its fossil fuel production and exports after four decades of sanctions, giving Iran a pivotal role in supplying energy to European countries, Mohammad Mehdi Mazrouie, an economic expert, said in an article for the Persian daily Shargh. A translation of the text follows: 
The likely revival of the Joint Comprehensive Plan of Action [the 2015 nuclear deal] will set the stage for the growth of Iran’s economy in general and its petrochemical industry in particular. It will be welcome news for the stock market as well, fulfilling a part of President Ebrahim Raisi’s election promises regarding the capital market.