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Iran to open oil export terminal beyond Strait of Hormuz next week
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Iran Says It Can Quickly Hike Oil Output If Sanctions Are Lifted
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Iran believes a U S energy sanctions deal is in reach, warns very little time to settle it
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What to Know in Washington: Democrats Restive on Infrastructure
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Iran projects 90 days to hit 4 million barrels of daily oil output once sanctions are lifted By Arsalan Shahla on 6/9/2021
Iran s Abouzar production platform
(Bloomberg) - Iran plans to restore the bulk of its crude oil production within one month of the easing of U.S. sanctions if world powers manage to broker the revival of the 2015 nuclear deal, the official Shana news agency reported, quoting an official at the National Iranian Oil Co.
Three different scenarios have been planned to return Iranâs oil production to pre-sanctions levels, with the first aimed at raising output to 3.3 million barrels a day within a month, followed by an increase in production capacity to more than 4 million barrels a day, Farokh Alikhani, the NIOCâs deputy for production said, according to Shana.