IRNA: Iran to Hold Market Share Talks With Saudi at OPEC
Iran's oil minister said he will talk with top oil exporter Saudi Arabia about market share when OPEC meets next week in Vienna, as Tehran plans for the possible end of sanctions and unfettered crude exports. Zanganeh said Iran's oil exports would increase by two fold within two months of lifting the sanctions, although analysts say it may take longer. Iran exports around 1.3 barrels of oil per day. “The countries in the south of the Persian Gulf are interested in keeping their market share and a decrease in market share will be difficult,” ...
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