Iran has shut down some oil fields in its southwest Khuzestan province bordering Iraq and the Persian Gulf, as the Islamic Republic is looking to control the damage from recent flash floods that have cost it billions of U.S. dollars. Iran shut down last week oil fields in Khuzestan as it tries to control the damage and prevent an environmental disaster, the National Iranian Oil Co (NIOC) said in a press release, citing Oil Minister Bijan Zangeneh. Iran has had some pipelines in the province emptied for the first time, while oil production has been…
