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Iran sees oil prices at $60 to $90 in coming months

Iranian Oil Minister Bijan Zanganeh says the only lever OPEC can use to influence the market is supply

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Crude prices will vary between $60 and $90 in the coming months, Iranian Oil Minister Bijan Zanganeh was quoted as saying by the ministry's official SHANA website, adding the only lever OPEC could use to influence the market was supply.

"It is predicted that oil prices would reach $60-90 in the coming months," Zanganeh said.