Iran insists on 'right' to raise oil output

GMT 10:03 2015 Thursday ,03 December

Arab Today, arab today Iran insists on 'right' to raise oil output

Oil output
Vienna - Arab Today

Iran will not bow to pressure and avoid increasing its oil output following the lifting of sanctions despite slumping crude prices, its oil minister said here Thursday.

"We don't accept any discussion about the increase of Iranian production after lifting the sanctions," Iran's Oil Minister Bijan Zanganeh told reporters on arrival in Vienna which is hosting Friday's meeting of OPEC.

"It's our right" to pump out more crude, he added.

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