Iranian crude oil production is likely to increase in 2016 but will take years to reach its previous peak, Fitch Ratings says in a statement issued today. Iran exports 1.1 million barrels a day (b/d) now compared with around 2.5 million…
Tag: Iran sanctions
The next steps to the end of Iranian sanctions
The joint comprehensive plan of action (JCPOA) agreed today by Iran and the West involves further steps that will have to be completed before UN, US and EU sanctions are lifted: Today’s agreement is deemed to be finalisation day. This…