Iran Says U.S. Can No Longer Obstruct Its Oil Production and Exports

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Iran Says U.S. Can No Longer Obstruct Its Oil Production and Exports
United StatesCrude OilProduction
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Iran's Petroleum Minister has said that no future U.S. administration will be able to prevent the Islamic Republic's rising oil production and exports.

Any future U.S. administration cannot prevent Iran from boosting its oil production and exports, Iran ian Petroleum Minister Jawad Owji said on Wednesday. “With the measures that have been taken in President Raisi’s government in the field of the oil industry, I should announce that any government that comes to power in the US cannot prevent the export and production of Iran ian oil,” Iran ian media quoted Owji as telling Parliament today.

Last month, the minister said that Iran would soon launch 32 oil industry projects worth a total investment of $4.6 billion. Iran plans to increase its crude oil output to 4 million bpd, the country’s Tasnim news agency reported at the end of May, as cited by Reuters. No specific sources for the plan were provided but the original report in Tasnim said that “An economic council headed by Iran’s interim president Mohammad Mokhber has approved a plan to raise the country's oil output from 3.

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