Home Russia’s Novak: OPEC+ takes into account potential return of Iran oil

Russia’s Novak: OPEC+ takes into account potential return of Iran oil

Updated: 26 May. 2021 | 10:41

OPEC and its allies (OPEC+) take into account the potential return of Iran oil, Russia’s Energy Minister Alexander Novak said on Wednesday.

Additional quotes

“We need to take into account possible oil output growth in Iran.”

“Current oil deficit on the global market seen at around 1 million barrels per day (bpd).”

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