A 2400 Km spread Crude oil deposit had been explored in Khuzestan of Iran, confirmed Iranian President Hassan Rouhani.
“ With the exploring of this new deposit , our crude oil volume will go up by 300% , stated Hassan pointing out that this deposit will contain nearly 53 billion crude oil barrels.”
Iran finds it difficult to trade crude oil in the world market with the sanction imposed by America for breaching the nuclear pact signed by Iran.
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