Iran Ready To Open The Oil Taps And It Wants US Firms To Help Now

Members of the Organization of Petroleum Exporting Countries decided Wednesday to maintain their production targets at 30 million barrels per day, but Iran, heartened by an opening with the West that will test the waters of eased sanctions, said it wants U.S. help to get the taps open. Oil Minister Bijan Zanganeh said Iran will pump as much oil as it can once Western sanctions on oil exports are lifted - which could drive down global prices.