Iranian Oil Exports To Double Following Nuclear Deal

While not predicting that Tehran and six world powers will strike a deal by the July 7 deadline, a senior Iranian oil official says his country hopes to nearly double its crude exports immediately if and when sanctions are lifted and hopes that OPEC will accommodate this growth by capping production by the cartel’s other members. “We are like a pilot on the runway ready to take off,” Mansour Moazami, Iran’s deputy oil minister for planning and supervision, told The Wall Street Journal inTehran on July 5. “This is how…

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Iranian Oil Exports To Double Following Nuclear Deal

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