| Iran’s oil output is moving away from a 20-month high reached earlier this year. Nevertheless, with OPEC expecting growing demand for its crude, Iran says it’s ready to make its presence known on the international oil stage.
Iran is serious about achieving a position on the international stage that’s reflective of its reserve potential, the country’s oil minister, Bijan Zanganeh, told an international energy summit in Moscow. Zanganeh, a career official in the Iranian energy sector, said challenges of long-term energy security have come into question, though with what he says is 157 billion barrels of crude oil in place, the Islamic republic is up to the task...........................................Full Article: Source
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