"Oil-producing countries should create space for Iran when we increase our exports after sanctions are lifted ... Non of OPEC's members are happy with the current oil prices and the market is oversupplied ... Political factors are behind the low prices," Zanganeh said.
Iran determined to regain its share of oil export market -oil minister
ANKARA, May 6 (Reuters) - Iran is determined to regain its share of the crude oil export market when sanctions imposed over its nuclear programme are lifted, Oil Minister Bijan Zanganeh said on Wednesday, the ministry's website SHANA reported.
Recommended articles
Western sanctions have cut Iran's oil exports by more than half to about 1.1 million barrels per day (bpd) from a pre-2012 level of 2.5 million bpd. (Writing by Parisa Hafezi; Editing by David Goodman)
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
UNN to reduce unemployment among Nigerian graduates through mentoring
AGF calls for strong internal controls to curb financial mismanagement
Tariff has been hiked with no improvement - Abuja residents decry power outage
Emefiele's trial adjourned to June 24, key witness cross-examined
Former ECOWAS Court VP slams EFCC chairman's handling of Yahaya Bello case
Let’s drill 200k boreholes across the country — Obi begs wealthy Nigerians
Ondo 2024: Ex-governor's brother emerges gubernatorial candidate
UK varsity rolls out tuition, travel-free scholarship for Nigerian students
President Biden signs law to potentially ban TikTok if not sold
ADVERTISEMENT
![Ukrainian President, Volodymyr Zelensky and US President Joe Biden [BBC]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'300'%20height%3D'172'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "Ukrainian President, Volodymyr Zelensky and US President Joe Biden [BBC]")