Iran Plans to Double Crude Exports to Regain Market Share

  • Exports of 2 million barrels a day near pre-sanctions levels
  • Iran targeting Europe as destination for quarter of exports

Iran Plans to Double Crude Exports

Iran plans to double crude exports so long as the increase in shipments is absorbed by global markets, which it sees as stable for the rest of the year, according to a senior official at state-run National Iranian Oil Co.

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