"Iran’s full return to the global market will eventually add about a million barrels of oil a day, lowering oil prices by $10 per barrel next year," the World Bank said.
The World Bank MENA Economist, Lili Mottaghi, noted increased interest from multinational companies in investing in Iran, especially in the oil and gas sector.
She believes that complete lifting of sanctions will provide billions of investments to Iran that will upgrade technology to further increase the production of the 'black gold'.
