Iran increases oil production by 500,000 barrels per day

Iran increases oil production by 500,000 barrels per day

The Iranian leadership has issued an order to increase crude oil production by 500,000 barrels per day, Iranian Deputy Oil Minister Rokneddin Javadi said.

"Iran is able to increase its oil production by 500,000 barrels per day after the lifting of sanctions, and the order to increase production was issued today," RIA Novosti cited him as saying.

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