Iran May Raise Oil Output 

Iran may raise its oil production in order to boost revenues, following the failure of the OPEC majority to endorse the plan to cut output put forward by Iran, Libya and Algeria at last week's OPEC meeting in Geneva, according to the speaker of the Iranian parliament, Hojjatolislam 'Ali Hashmi Rafsanjani.

Speaking in Tehran on 24 April, Hojjatolislam Rafsanjani told a meeting of provincial governors that Iran might raise its output "should...