Iran to increase oil export this year: Oil minister

Tehran, April 7, IRNA – Iran will increase its oil export in the current Iranian calendar year (started March 21, 2014), Oil Minister Bijan Namdar Zanganeh said on Monday. “Tehran will do its best to increase oil export and will not await for a US permission to that end,” he noted. The minister underlined that sanctions can not affect Iran’s decision to maintain its OPEC share. Iran has increased its oil exports over the past few months, in what may be an early sign that oil sanctions have eased significantly since November, when Tehran signed an interim nuclear deal with G5+1 (US, UK, Russia, China, France plus Germany).