Iran to boost oil exports by 500,000 bpd after sanctions - Shana


  • World
  • Sunday, 17 Jan 2016

DUBAI (Reuters) - Iran is ready to increase its crude oil exports by 500,000 barrels a day, the deputy oil minister said on Sunday, hours after international sanctions on Tehran were lifted, removing an obstacle to exports.

The Islamic Republic emerged from years of economic isolation on Saturday when world powers lifted sanctions after confirming that Tehran had curbed its nuclear programme.

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