Iranian Oil Minister Bijan Zanganeh said on Wednesday that the country support the decision to freeze the oil production at the level of January.

"The decision that was taken for the OPEC and non-OPEC members to keep their production ceiling to stabilize the market and prices for the benefit of producers and consumers, is supported by us," he said.

It is unclear if Iran keeps its oil output at its January level as the country targets its pre-sanctions oil output levels.