In terms of oil production, 2020 will be remembered as a dark year for Iran. MEES puts 2020 output at just 2mn b/d – the lowest annual volumes since the Iran-Iraq war in the 1980s.
But with Donald Trump set to leave the White House on 20 January, and likely his maximalist pressure on Iranian exports leaving with him, Tehran is eying a major recovery in crude and condensate shipments. (CONTINUED - 888 WORDS)
