The oil market could absorb more crude oil from Iran if US sanctions are eased, according to Iran’s governor to OPEC. Receive daily email alerts, subscriber notes & personalize your experience. Register Now “Even if we produce around 4 million b/d, it won’t be that considerable compared to our reverses,” Amirhossein Zamaninia, who is also Iran’s deputy oil minister for trade and international affairs, said Feb. 7 on the sidelines of a petrochemicals conference in Tehran. “Thus, the market will have room for the amount of oil we have for exports.” Iran’s government has targeted 2.3 million b/d of exports if the sanctions are lifted. Pre-sanctions production capacity was 4 million b/d. Any sanctions relief for Iran under […]