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Parisa Hafezi An offshore oil production complex in Iran - Credit: NIOC
Iran s oil output can easily reach 6.5 million barrels per day (bpd) when U.S. sanctions are lifted, Iranian Oil Minister Bijan Zanganeh said on Monday, according to the Ministry s SHANA website.
Zanganeh also said an increase in Iranian oil output would boost the country s political power, as Tehran and world powers pursue talks to lift the U.S. sanctions that have stopped it from pumping anywhere near capacity since 2018.
Former U.S. President Donald Trump ditched Iran s 2015 nuclear deal with six powers three years ago and reimposed sanctions that have crippled Iran s oil-reliant economy.
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