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On August 17, Iran signed 13 oil contracts with 14 domestic firms which will raise Iran’s oil production capacity to 185,000 barrels per day. The contracts are worth a total of $1.78 billion USD.

Iran Signs Deals to Boost Oil Production Capacity

On August 17, Iran signed 13 oil contracts with 14 domestic firms which will raise Iran’s oil production capacity to 185,000 barrels per day. The contracts are worth a total of $1.78 billion USD.

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