Highlights Vote on new cabinet set for Aug. 24 July oil output was highest since April 2019 Oil products exports to take focus Iran has “a lot of possibilities” to keep selling oil, President Ebrahim Raisi said Aug. 21, as talks to end US sanctions on the country’s energy industry have stalled. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now “There are a lot of possibilities and grounds for oil sales,” Raisi said before a Parliament hearing on his proposed cabinet members including oil minister Javad Owji. During his speech, Raisi said one of his priorities will be to export more added-value refined oil products. Iran produced 2.52 million b/d in July, its highest since April 2019, according to the latest S&P Global Platts survey. Despite US sanctions that are intended to heavily penalize buyers of Iranian oil, China’s independent refineries have maintained […]