Javad Oji

Iran’s Oil Production Returns to Pre-Sanction Levels

According to state news agency IRNA, Mohsen Khojastehmehr, CEO of the National Iranian Oil Company (NIOC), oil production has reached pre-sanctions levels, despite economic pressures.

Iran to Barter Oil for Funding Petroleum Projects

Iran is planning to exchange crude oil with other raw materials, equipment and investments in order to use the revenue in completing the semi-finished petroleum projects.

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