“The Organization of the Petroleum Exporting Countries (OPEC) is expected to create the necessary space for an increase in Iran’s oil supply on world markets,” Zangeneh said in a meeting with Venezuela foreign and oil ministers in Tehran on Monday.
“Iran wants the return of its crude oil exports share to the pre-sanctions level,” he said.
Venezuelan oil and foreign ministers presented a report about the activities of Venezuela with regard to shoring up oil prices in world markets and encouraging cooperation between OPEC and non-OPEC oil producers.
Zangeneh also stressed the need for joint action to bring stability back to the oil market and to prevent political intensions from influencing the market.
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