CNNMoney | Oil wars: OPEC keeps pumping as prices plunge CNNMoney Sanctions have long restricted Iran's oil production and exports, and the country is eager to regain its status as a global energy power. Iran boosted its production by 32,300 barrels a day in July to 2.86 million a day, the OPEC report said, citing ... OPEC Pumps at Three-Year High Despite Oil Glut Saudi Oil Strategy: Brilliant Or Suicide? July OPEC output hits 3yr-high as Iran oil returns to market |