'If sanctions are lifted, most of the country's crude production will be restored within a month'

Iran is planning a speedy increase in its oil output, a senior oil ministry official said on Wednesday, as talks continue between Tehran and six major powers to lift U.S. sanctions that have seen it pumping far below capacity since 2018.

Join BJL on WhatsApp Status: Click here to Join BJL status for engagements, births, deals, levayos, events & more

Join BJL on WhatsApp Groups: Click here to Join an official BJL WhatsApp group for breaking news as it happens

Iran and the six powers have been in talks since April to revive a 2015 nuclear deal that former U.S. President Donald Trump exited three years ago, reimposing sanctions that have hit Iran’s economy hard by sharply cutting its vital oil exports.

"If sanctions are lifted, most of the country's crude production will be restored within a month," Farokh Alikhani, production manager of the National Iranian Oil Company (NIOC), told the oil ministry's SHANA website. Read more at i24