Iran Will Stay In The Nuclear Deal If It Can Export 1.5 Million Barrels Of Oil Per Day

Sanctions have more than halved Iranian oil exports to one million bpd or less, from a peak of 2.8 million bpd last year [Raheb Homavandi/Reuters]

Al Jazeera: Iran insists on boosting oil sales to stay in nuclear pact

Tehran demands it exports at least 1.5 million barrels per day of oil, triple May's expected levels, Reuters reports.

Iran insists on exporting at least 1.5 million barrels per day (bpd) of oil, triple May's expected levels under US sanctions, as a condition for staying in an international nuclear deal, sources with knowledge of Iran-EU talks were quoted by Reuters news agency as saying.

The figure was communicated in recent meetings between Iranian and Western officials, including Iranian Foreign Affairs Minister Mohammad Javad Zarif, but has not been set down in writing, four European diplomatic sources said.

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More News On Iran Sanctions

Iran Sees Oil Exports Falter, Trade Slump with Germany, US -- VOA
Chinese Oil Majors Backtrack On Pledge To Buy Iranian Oil -- OilPrice.com
Iran metal exports may be harder to sanction than oil, experts say -- AFP
U.S. Sanctions Cut Deep, but Iran Seems Unlikely to Budge -- The New York Times
Trump 'seriously' hurt Iran with these 2 moves says Lieberman -- FOX News
As Trump escalates pressure, experts fear Iran will strike back -- Sean D. Naylor, Yahoo News
What sanctions did Trump slap on Iran? -- Zaheena Rasheed (Al Jazeera)

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