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Iran's oil industry increased petrol production by 22%. During his visit to the Southwestern province of Khuzestan, Iran's Oil Minister Javad Owji unveiled several projects worth $14 billion, which will bolster Iran's petrol production, exports, revenues, and job opportunities. The surge comes simultaneously with the US Department of Justice indicting seven individuals with ties to Iran's oil trafficking network. This continues to intensify scrutiny of Iran's petroleum sector.

Iran’s Oil Production Surges 22%, Amidst Global Tensions and Indictments

Iran’s oil industry increased petrol production by 22%. During his visit to the Southwestern province of Khuzestan, Iran’s Oil Minister Javad Owji unveiled several projects worth $14 billion, which will bolster Iran’s petrol production, exports, revenues, and job opportunities. The surge comes simultaneously with the US Department of Justice indicting seven individuals with ties to Iran’s oil trafficking network. This continues to intensify scrutiny of Iran’s petroleum sector.

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