Iran Discovers New Oil Field with over 50 Billion Barrels of Crude© thequint.com

Iran Discovers New Oil Field with over 50 Billion Barrels of Crude

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The new oil field could become Iran's second-largest field after one containing 65 billion barrels in Ahvaz. The field is 2,400 square kilometers (925 square miles), with the deposit some 80 meters (260 feet) deep, Rouhani said.

Since the U.S. withdrew from the 2015 nuclear deal, the other countries involved — Germany, France, Britain, Russia and China — have been struggling to save it. However, they've offered no means by which Iran can sell its oil abroad.