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Americans are seeing higher gas prices as oil prices hit six-year high in latest OPEC stand-off

Americans are seeing higher gas prices as oil prices hit six-year high in latest OPEC stand-off
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Iran s oil production level to reach pre-sanctions level

‘Iran’s oil production level to reach pre-sanctions level’ Mid-Day 8 hours ago © Provided by Mid-Day Iran will increase its oil production to pre-sanctions level “as soon as possible”, the country’s Minister of Oil Bijan Zanganeh. “Whenever the sanctions are lifted, we will return to the market in the shortest possible time and take production at least to its pre-sanctions level,” Zanganeh told reporters here. His remarks came after a video conference of the Organization of the Petroleum Exporting Countries and its partners, collectively known as OPEC+, reports Xinhua news agency. Iran’s determination will not be affected by “any decision” of the OPEC+ regarding production levels, the Iranian minister noted.

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