Iran prepares for further decrease of oil prices

Iran prepares for further decrease of oil prices

Iran is preparing for further decrease of oil prices, the Islamic Republic's Deputy Minister of Oil Mansur Moazzami is quoted by the Rossiyskaya Gazeta newspaper as saying.

According to the official, the Iranian cabinet is certain that the oil prices will be lower than 90-100 dollars per barrel. Such a scenario is unrealistic, the deputy minister is quoted as saying.

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