Iran already pumping oil at pre-sanctions level

Production has allegedly climbed back to 3.8 million barrels a day, despite US restrictions still in place Iranian oil production has bounced back to levels achieved before the US quit an agreement on the country’s nuclear program and reimposed tough sanctions in 2018, according to the country’s oil minister. Output of crude and condensate has rebounded to more than 3.8 million barrels a day, matching pre-sanctions levels, Iranian Oil Minister Javad Owji told media outlets this week. The country also has ramped up exports of crude oil, petrochemicals and refined fuels, finding dependable customers despite Washingt

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