Iran will quickly scale up its crude oil output if US sanctions are lifted as part of a revived nuclear agreement between Tehran and world powers, a senior official at the National Iranian Oil Company (NIOC) told state media outlets.
“If sanctions are lifted, the bulk of Iran’s output will be restored within one month, with full output restoration happening within three months,” Farokh Alikhani, NIOC’s production manager, told Shana news agency.
