Iran could moderate oil output and exports once Western sanctions are lifted to avoid putting prices under further pressure, a senior Iranian oil official said on Tuesday. Iranian officials have repeatedly called on OPEC to make room for a supply jump from the Islamic Republic while pledging to ramp up exports as soon as sanctions on its oil industry are lifted in the next few months under a nuclear deal with world powers. A pledge to moderate exports would be a major shift in Iran’s policies in an environment when most OPEC and non-OPEC producers are fighting for market share despite a growing global oil glut. “We don’t want to start a sort of a price war,” Mohsen Qamsari, director general for international affairs of the National Iranian Oil Company (NIOC), told Reuters in a telephone interview. “We will be more subtle in our approach and may gradually increase […]