Qatar National Bank has denied signing a deal to finance the development of Iran’s Esfandiar oilfield, Reuters has reported. Iran said on Saturday QNB would invest 400 million euros ($581.4m) to finance the development of the field, Oil Ministry website SHANA reported, quoting a senior official. ‘The bank is not aware of such a development, nor it is considering such an investment,’ the bank said in a statement.

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