Iran says won't wait for permission to increase its oil output
Iran does not need permission to increase its oil production after the sanctions against are lifted, the Islamic Republic’s Oil Minister Bijan Namdar Zanganeh said. He made the remarks while commenting on its recent letter to the Organization of the Petroleum Exporting Countries (OPEC), in which he asked the cartel to reduce production by at least 1.3 million barrels per day (mbpd), the oil ministry’s SHANA news agency reported Dec. 2. Ahead of the upcoming OPEC meeting which is scheduled for Dec. 4, Zanganeh wrote a letter to OPEC chief ...
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