Iran says finds new oilfield with 53 billion barrels of crude

DUBAI (Reuters) - Iran has discovered a new oilfield in the southwest of the country that has the potential to boost its reserves by about a third, President Hassan Rouhani said on Sunday."Workers and the exploration arm of the National Iranian Oil Company ...have found an oilfield with 53 billion barrels of reserves," Rouhani said in a televised speech in the central city of Yazd.The field stretches over 2,400 sq km (927 sq miles) in the oil-rich Khuzestan province, Rouhani said.Iran ranks as..