Iraq bumps Iran as Opec's second biggest oil producer

17 August 2012 Last updated at 07:58 ET Help

According to a recent report from the International Energy Agency, Iraq has overtaken Iran as the second largest oil producer in the Opec - the Organization of the Petroleum Exporting Countries.

Some analysts suggest that the dip in Iran's production is a sign that international sanctions against the country's crude oil exports are having an impact.

Karen Zarindast reports.

Video produced by BBC Persian's Mehrzad Kohanrouz

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