The sun sets behind a pumpjack during a gusty night on March 24, 2024 in Fort Stockton, Texas.
Brandon Bell | Getty Images
Iran has approved a plan to raise its oil output to four million barrels per day, the country’s Tasnim news agency said on Sunday, without providing a time frame.
“An economic council headed by Iran’s interim president Mohammad Mokhber has approved a plan to raise the country’s oil output from 3.6 million barrels per day to 4 million barrels per day,” Tasnim added.
Iran is a major producer within the Organization of the Petroleum Exporting Countries (OPEC).
Source link: https://www.cnbc.com/2024/05/26/iran-plans-to-raise-oil-output-to-4-million-barrels-per-day-tasnim.html