Iran Says It’s Reviving Oil Output to Pre-Sanctions Levels

  • Tough U.S. restrictions on Iran’s oil sales are still in place
  • Nation pumped as much as 3.8 million barrels a day in 2018

An offshore oil platform operated by the National Iranian Offshore Oil Co., near Lavan island, Iran.

Photographer: Ali Mohammadi/Bloomberg
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Iran has started ramping up its oil production and expects to reach pre-sanctions levels in one to two months, Deputy Oil Minister Amir Hossein Zamaninia said.