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Iran Oil Exports Well Above Cap


(Wall Street Journal) Sarah Kent and Summer Said - Iran is exporting 1.5 million barrels of oil a day, Oil Minister Bijan Zanganeh said Thursday. This figure is well above the one million barrel export cap agreed with the international community last November as part of a broader interim deal over its nuclear program. Zanganeh said Iran plans to continue to increase exports. "The market is good and it's business as usual," he said.
2014-05-15 00:00:00
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