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Iran is content with current oil price but more export is needed - Oil Minister

Iranian oil production would be dropping daily, the country's Oil Minister commented

© AP Photo/Jae C. Hong

VIENNA, July 1. /TASS/. Iran is content with the current oil price but the country under US sanctions wants to boost oil exports, Oil Minister Bijan Namdar Zanganeh told reporters on Monday.

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"The price is not bad for us. The main issue is to export more barrels," the Minister said.

Zanganeh did not specify current and desired volumes of oil exports.

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