Iranian Oil Minister Bijan Zanganeh says oil exports and revenue at acceptable levels. UPI/Maryam Rahmanian TEHRAN, Sept. 29 (UPI) — Iranian Oil Minister Bijan Zanganeh said Monday oil exports from the Islamic republic were “acceptable” and revenue was on the rise. Iran, under the terms of a November 2013 agreement with Western powers, secured relief from some of the sanctions targeting its energy sector in exchange for a pledge to cut back on its nuclear research activity. The U.S. Treasury Department in July extended that relief through November. Iran can export around 1 million barrels of oil per day under the deal. “Iran’s oil exports are acceptable and growing currently, and revenues are higher than the previous estimates,” the oil minister said. The International Monetary Fund in April said inflation and unemployment are both high in the Iranian economy and the outlook was “highly uncertain.” Constraints on oil revenues […]