Iran has projected average oil prices at $42 to $50 per barrel in a draft budget bill for the year to March 2017, a government spokesman Mohammad-Baqer Nobakht said, expecting crude to stay in the current trading range.
According to the Shana agency, Iran, together with other members of OPEC, is looking for a solution to recover the price of oil back to a range of $70-80.
![November 2025 in photos: New Year at GUM, the "City of Living Stories," and autumn scenes](https://en.vestikavkaza.ru/upload2/s400xfull/2025-12-02/1764706769692f49d1538777.83780174.webp "November 2025 in photos: New Year at GUM, the "City of Living Stories," and autumn scenes")
