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Petroleum Exports

Iran Expanding Presence on International Oil Stage

Daniel J. Graeber | Posted 06.14.2014 | Business
Daniel J. Graeber

Iranian Oil Minister Bijan Zanganeh said oil production from the Islamic republic could increase even with harsh economic sanctions in place. In late December, Tehran said it would pump as much oil as it could if sanctions are lifted. Now, it seems, OPEC is taking notice.