New oil field found with over 50 billion barrels - Rouhani

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New oil field found with over 50 billion barrels - Rouhani
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'I am telling the White House that in the days when you sanctioned the sale of Iranian oil and pressured our nation, the country's dear workers and engineers were able to discover 53 billion barrels of oil in a big field.' Iran’s President Hassan Rouhani

Iran has discovered a new oil field in the country's south with over 50 billion barrels of crude, its president said on Sunday, a find that could boost the country's proven reserves by a third as it struggles to sell energy abroad over US sanctions.

Rouhani made the announcement in a speech in the desert city of Yazd. He said the field was located in Iran's southern Khuzestan province, home to its crucial oil industry."I am telling the White House that in the days when you sanctioned the sale of Iranian oil and pressured our nation, the country's dear workers and engineers were able to discover 53 billion barrels of oil in a big field," Rouhani said.

Since the US withdrew from the 2015 nuclear deal, the other countries involved — Germany, France, Britain, Russia and China — have been struggling to save it. However, they've offered no means by which Iran can sell its oil abroad.

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