Tag: Iran oil
Iran’s President Hassan Rouhani says the Islamic Republic supports any measures aimed at restoring stability to global oil markets.
In an article, Bloomberg has discussed the recent developments in the oil market, particularly the rivalry between Iran and Saudi Arabia.
Iran’s parliament has reportedly given the go-ahead to the government to put a new oil contract model into effect.
Iran says it would support any move to stabilize global oil market, but the prices should be set reasonably.
An Iranian oil official says the country has broken many records in oil and gas exports after the implementation of nuclear deal between Tehran and world powers, one of which is the export of 7 million barrels of crude oil in just one day.