Iran has declared its readiness to support any possible measures to stabilize the oil market. Earlier on the same said Russia and Saudi Arabia, then the price of black gold started to rise.
As stated on Tuesday the Minister of oil of Iran Bijan Namdar Zanganeh, Iran is interested in stable oil market, reports Reuters. While in the Islamic Republic believe that a fair oil price should be 50-60 dollars per barrel.
On the eve it became known that at the summit of “big twenty” in China, Hangzhou, head of energy ministries of Russia and Saudi Arabia agreed on cooperation to strengthen the oil market.
Previously it was suggested that the spokes in the wheel in this direction can insert Iran, which several years could not supply oil to the West because of sanctions imposed on him (at the moment the restrictions are removed).