Iran Is About To Reclaim The Oil Market From Saudi Arabia
Iran’s deputy oil minister has announced that the countries oil market will be taken back from Saudi Arabia following the removal of international sanctions on Iran. Amir Hossein Zamaninia said that the removal of sanctions has allowed Iran “the possibility to export 500 thousand barrels of crude oil.” Mehrnews.com reports: Zamaninia emphasized that the country’s production and exports capacity of oil will reach one million barrels per day within a few months; “during the sanction years, Iran lost a portion of its oil market with countries like Saudi Arabia conquering the Iranian oil marke