Iranian President Hassan Rouhani said Tuesday the oil sector was outpacing other parts of the economy since he took office in August last year. Rouhani said the Iranian economy shrank by 6.8 percent to 2.9 percent during the past two calendar years. Since taking office in August last year, the president said some sections of the economy were recovering . “The first sector that got out of stagnation last winter was oil,” he said. “Oil exports have grown 13.7 percent [since then].” Assessment from the International Monetary Fund finds the Iranian economy was contracting, but at a slower pace than before. Sanctions imposed on the Iranian economy in response to a controversial nuclear program means oil exports are at about half of their 2.2 million barrel per day rate in […]