Topic: Iranian Oil

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Proved oil reserves in Iran, according to its government, rank fourth largest in the world at approximately 150 billion barrels (24×10^9 m3) as of 2014, although it ranks third if Canadian reserves of unconventional oil are excluded.[1] This is roughly 10% of the world's total proven petroleum reserves. At 2006 rates of production, Iran's oil reserves would last 98 years if no new oil was found.

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