Russia Says Iran May Join Oil Freeze After Boosting Output

  • Iran's Oil Minister Zanganeh met with Russia's Novak in Tehran
  • Gulf nation aims to boost output by 1 million barrels a day

Oil Falls as Iran Rejects Freeze

Iran may join other oil suppliers in freezing production after restoring its own output to levels before sanctions were imposed, Russian Energy Minister Alexander Novak said after meeting with the Persian Gulf nation’s oil minister.

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