Iran is in talks to help build a refinery in Spain, an Iranian oil official told state media over the weekend, as it seeks to secure buyers for its oil after a European embargo on its oil is lifted. The talks come as world powers are set to implement a deal with Tehran to lift sanctions in exchange for curbs on the Islamic Republic’s controversial nuclear program. Iranian officials have said the country would ramp up its exports by 1 million barrels a day once the agreement comes into force, sending more oil into a global market reeling from a flood of supplies that have pushed prices below $34 a barrel. Iran is planning to invest with local companies in a Spanish facility that could refine 200,000 barrels of oil a day, said Abbas Kazemi, the head of the state-run National Iranian Oil Refining and Distribution Co., in remarks […]