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Iran says looking for exemption from any oil output cuts

Reuters logo Reuters 12/5/2018

a close up of smoke: FILE PHOTO: A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Persian Gulf© Reuters/Raheb Homavandi FILE PHOTO: A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Persian Gulf VIENNA (Reuters) - Iran is looking to be exempted from any OPEC oil output cuts because of U.S. sanctions, Iranian Oil Minister Bijan Zanganeh told reporters ahead of Thursday's OPEC meeting.

"We should be excluded from any decision about the level of production in the future till the lifting of the imposed illegal sanctions," Zanganeh told reporters upon arriving in Vienna.

(Reporting by Shadia Nasralla and Ahmad Ghaddar; Editing by Dale Hudson)

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