Iran has no plans to cut oil production, the head of the state-run National Iranian Oil Company (NIOC), Ali Kardor, said on Monday, according to the Tasnim news agency. The United States aims to reduce Tehran’s oil revenue to zero in an effort to force Iran’s leadership to change its behavior in the region. U.S. officials have said new sanctions will be imposed on Iran’s oil sector from Nov. 4. However Iran is experiencing no issues with receiving income from its oil sales, Tasnim reported Kardor as saying. Iran’s oil income has increased 40 percent in the past year, Kardor said, according to the IRIB news agency. Kardor also said Iran may start offering oil via […]