Refah Bank Sells Majority Stake in Shazand Oil Refinery
Iran's Refah Bank has announced plans to offer a significant stake in the Imam Khomeini (Shazand) Oil Refinery.
The bank aims to sell 49.35% of its interest in the refinery, marking a major development for the Iranian oil sector.
No details were provided on the timing or terms of the sale, but the move is likely to be closely watched by industry observers and investors.