TEHRAN (FNA)- Iran’s OPEC Governor Mohammad Ali Khatibi said there will be a leap in crude prices in the future if desired investments are not made in oil production at the time of surplus supplies in the market. “We will face straits in future if the investments are cut or …

TEHRAN (FNA)- Iran’s current crude production stands between 4.05-4.08 million barrels a day, Managing Director of the National Iranian Oil Company Seifollah Jashnsaz said on Saturday. He told a press conference that the amount is based on the decisions made by the Organization of Petroleum Exporting Countries to reduce oil …

TEHRAN (FNA)- The militants who abducted and killed police forces in southeastern Iran will receive a “massive retaliation” by the Islamic Republic, an official said. “Iran will give a crushing response to the militants in the border areas,” Iran’s Prosecutor General Qorban Ali Dorri Najafabadi said, press tv reported. Iran’s …