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Iran, Iraq Weigh Oil Production Freeze Pact

Iran's OPEC envoy said Wednesday the country plans to increase its oil production to levels it had before the imposition of international sanctions sharply cut its exports. The comments came ahead of a meeting in Tehran of oil ministers from Iran, Iraq and Venezuela to discuss a proposal to freeze production in order to battle a drop in oil prices. Russia and OPEC members Saudi Arabia, Venezuela and Qatar agreed Tuesday to keep their oil output at January levels. Saudi oil...

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