Mohammad Baqer Nobakht

Iran reveals plans on oil output in 2017

Iran's oil output will rise to around 4 million barrels per day by the end of the year, Iran's deputy oil minister for trade and international affairs Amir Hossein Zamaninia said on Wednesday as the OPEC member tries to …

Iran's defense budget increases by 86%

Iran has boosted its defense budget by 86% in the past four years, the Iranian Government Spokesman Mohammad Baqer Nobakht said. "Our budget in the defense and security field has increased 86% in the past 4 …