Iran ready to ramp up oil output if US lifts sanctions, says official 

Iran is ready to achieve a rapid increase in its oil production if the years-long US sanctions are lifted, a senior oil ministry official announced yesterday. Iran is planning a speedy increase in its oil output, a senior oil ministry official said, as talks continue between Tehran and six major powers to lift US sanctions that have seen it pumping far below capacity since 2018. "If sanctions are lifted, most of the country's crude production will be restored within a month," the Production Manager of the National Iranian Oil Company (NIOC), Farokh Alikhani, told the official Shana news site. Iran and six world powers have been in talks since April to revive a 2015 nuclear deal that former American President Donald Trump abandoned three years ago, reimposing sanctions […]

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