Iran hopes to return oil exports to levels before sanctions

Kuala Lumpur

IRAN hopes its crude oil exports will return to pre-sanctions levels within three months once a deal with major powers to lift an oil embargo is finalised, the country's deputy oil minister said on Monday.

"We hope we can come back to the export levels that we had before the sanctions," Rokneddin Javadi, who is also the managing director of the National Iranian Oil Company, told Reuters. "Yes, 2.5 (million barrels per day), around," he said, adding that this could be achieved in about three months.