Iran Oil Recovery Lowers Hurdle to Global Deal on Output Cap

  • NIOC’s Ghamsari says output is shy of 4 million barrels a day
  • Iran’s joining any output freeze is now up to oil minister

Iran's Oil Output Edges Higher

With Iran’s oil production closing in on pre-sanctions levels, the world’s biggest crude suppliers may face a lower hurdle to an agreement on freezing output to revive prices.

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