Iran’s Oil Exports Rise To 1.4 Million Bpd

Crude oil exports from Iran have gone up to 1.4 million barrels per day, a senior government official said, as quoted by Mehr News Agency. Davoud Mansour, head of Iran’s Planning and Budget Organization, also said, addressing parliament, that the country had exceeded the amount of oil to be exported in its current fiscal year as stipulated in the budget for that year. "Therefore, we (the government) ask for permission from the parliament to export the excess oil production capacity and use the resources from those exports to develop infrastructure…