Iran hell bent on increasing output to 4 million barrels per day

A few weeks back Iran had called Saudi-Russia’s strategy as ridiculous and had said it would be wrong to expect Iran to freeze its output.

Now the nation has once again stated that it would freeze output only at 4 million barrels per day and till then has asked to be left alone!

Iran’s production was 3 million barrels a day in February. That means it intends to increase production by another 1 million barrels a day.

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