Iran General NewsIran says no shortage of crude in market -...

Iran says no shortage of crude in market – report

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Reuters: The international oil market faced no shortage of crude, Iran’s deputy Oil Minister was quoted as saying by the semi-oficial Mehr news agency on Friday.

TEHRAN, Feb 25 (Reuters) – The international oil market faced no shortage of crude, Iran’s deputy Oil Minister was quoted as saying by the semi-oficial Mehr news agency on Friday.

“There is no shortage of oil in the global crude market stemming from political turmoil in Libya and other North African countries that requires an increase of Iran’s oil exports,” said deputy Oil Minister Ahmad Ghalebani, Mehr reported.

(Writing by Parisa Hafezi, editing by Keiron Henderson)

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