Energy Iranian minister says ‘world needs more of its oil’ By Reuters September 6, 2022 Reuters/Raheb Homavandi Minister says cooperation within the oil alliance was helping global consumers. Iran’s minister of petroleum Javad Owji said the world needed more Iranian oil, and that his country was ready to play a role in providing it away from politics, the Iranian oil ministry’s news agency SHANA reported on Monday. In a statement issued after an OPEC+ meeting in which a minor cut was agreed, Owji said current market conditions needed “careful consideration” and that cooperation within the oil alliance was helping global consumers. “We have always declared that we are ready to contribute to our role in the supply of oil and oil products and to improve energy security in the world by avoiding politicisation of oil and the political use of energy,” he said. Oil prices inched lower on Tuesday, paring gains from the previous session, as an OPEC+ deal to cut output by 100,000 barrels per day in October was seen as a largely symbolic move to bolster prices after the market’s recent slide.