Economics
Iran Oil Minister Vows to Revive Output as He Eyes Price War
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Bijan Namdar-Zanganeh is on a mission to make up for the last eight years.
In his first few days as oil minister in President Hassan Rohani’s new government in Tehran, the 61-year-old initiated plans to revive oil production to pre-2005 levels, hinted at a price war to win old customers and brought back managers sidelined by the previous administration.