Iran to raise output by 33% before any oil deal

Iran plans to boost its output of crude oil to 4 million barrels a day before it will consider joining other suppliers in seeking ways to rebalance the global oil market.

“They should leave us alone” until then, the country’s oil minister, Bijan Zangeneh, said, according to the Iranian Students News Agency (ISNA).

“After that we will work with them.”