Iran expects to be able to increase its oil exports by 500,000 barrels a day by late November or early December with sales to Asia, a top Iranian oil official said Thursday, even before most western sanctions would lift. By mid-2016, Iran expects that its exports will exceed today’s by 1 million barrels a day under that scenario, said Ali Kardor, the chief of investment for the National Iranian Oil Company. “We are ready,” Mr. Kardor said, speaking on the sidelines of a conference here in Geneva promoting business ties between Europe and Iran. The timeline laid out by Mr. Kardor is faster than many analysts and market participants believe Iran is capable of achieving. Iran has been the target of crippling sanctions from much of the western world since 2012 over the Persian Gulf country’s attempts to create a nuclear program. Persian Gulf members of the Organization of […]