Hard for Iran to ramp up oil exports: IEA
It would be difficult for Iran to revive its oil output to former levels quickly even if international restrictions on its exports are lifted, International Energy Agency (IEA) head Maria van der Hoeven said on Monday. Van der Hoeven was speaking to reporters in Moscow after Iran and six world powers reached a deal on Sunday to curb Tehran's nuclear program in exchange for limited relief on sanctions. "If some oil sanctions relief will happen ... it's unlikely that Iran would be able to jump back to pre-sanctions levels immediately," van ...
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