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ECONOMY

Iran crude output up by 13.4% in April: OPEC

OPEC figures show Iran’s crude output reached 2.614 million bpd in April, up 13.4% against March.

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ENERGY

Iranian firms on stand-by to ramp up oil production

Iran’s largest oil producing company says it is ready to raise production to levels above its output in 2018 when the US unilaterally targeted the Islamic Republic’s oil industry with the most aggressive sanctions ever.

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