Iran's oil minister says more output cuts may be needed
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DUBAI (Reuters) - Oil producer countries may have to cut output more than the record amount already agreed to tackle an "unprecedented" slump in prices, Iranian Oil Minister Bijan Zanganeh was quoted as saying on Wednesday by the ministry's website SHANA. OPEC+, comprising the Organization of the Petroleum Exporting Countries, Russia and other producing nations, has partnered with other oil-pumping countries including the United States to cut supply by around 20 million barrels per day.However,..