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Iran wants OPEC to make room for a boost to its oil exports

Posted on 04 December 2013

Iran wants other OPEC members to make room for its eventual return to oil markets after the Persian Gulf nation reached an interim deal with world powers over its nuclear program.
The Islamic republic reached a preliminary agreement with the so-called P5+1 nations — the U.S., U.K., China, Russia, France and Germany — last month in Geneva that eased some trade sanctions while reining in its nuclear program. That accord didn’t relax sanctions that prevent U.S. and European nations from importing Iran’s oil and compels Iran’s other customers to restrict purchases………………………………………..Full Article: Source


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