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Exports were down by 100,000 barrels a-day in May compared to April
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Country estimates it holds recoverable reserves of 160.12 billion barrels of oil and 33.33 trillion cubic metres of natural gas
Iran’s economy is having to withstand the impact of sanctions imposed by the US, especially those targeting its energy sector
Light oil discovered, although an estimate of the amount of reserves hasn’t been revealed
Chinese investment proposal comes amid US economic sanctions on Iran