Sanctions

Iran Says It Can Quickly Boost Oil Output If Sanctions End

  • Country has taken many steps to restore exports: oil minister
  • Zanganeh doesn’t see market shock once Iranian barrels return

An offshore oil platform in the Persian Gulf's Salman Oil Field, operated by the National Iranian Offshore Oil Co.

Photographer: Ali Mohammadi/Bloomberg
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Iran’s Oil Minister Bijan Namdar Zanganeh said his country has taken “many measures” to ensure it can raise crude production in “a very short time” if U.S. sanctions are lifted, the state-run Shana news agency reported.