Iran counts on selling 1.4 mil b/d of crude oil at $85/b in new year

Iran is counting on selling 1.4 million b/d of crude oil at $85/b under next year’s budget law, partly by the use of a barter system, with a general draft approved by parliament on Jan. 22, local media reported. “The next year’s budget has predicted oil barter to produce income,” President Ebrahim Raisi said in a speech addressing the assembly,…