Iran says it supports other oil producing countries capping their production of oil. Iran's oil minister Bijan Namdar Zanganeh is hailing efforts in Doha to stabilize and balance the global oil market. But Zanganeh reiterated Tehran's commitment to raising Iranian oil production back to historic levels. Western sanctions on Iranian oil helped to cripple Tehran's economy.
Most major oil producing nations welcomed Iran's return to the market after a nuclear deal was reached with the West and trade sanctions were lifted -- but Iran is still working to increase its oil production to pre-sanction levels.