Iran Says Oil Output Reaches 3.57M B/D and Sells to Europeans

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Iran Says Oil Output Reaches 3.57M B/D and Sells to Europeans

By Arsalan Shahla | July 2, 2024 5:04AM ET
Javad Owji, Iran’s oil minister, didn’t name any of the countries and said the Islamic Republic sells crude at a discount of “less than the number of fingers on both hands,” the semi-official Tasnim news agency reports.

  • Owji didn’t give more details about oil production
  • Owji: Iran sells oil to 17 countries, including some in Europe
  • Change in US administration following the November election won’t cause any problems for Iran’s exports,
  • Owji says without elaborating

To contact the reporter on this story:
Arsalan Shahla in Toronto at ashahla@bloomberg.net

To contact the editors responsible for this story:
Benjamin Harvey at bharvey11@bloomberg.net

Golnar Motevalli

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