Iran's Oil Minister Bijan Zanganeh said on Sunday that he was very hopeful ...
DUBAI - Iran’s Oil Minister Bijan Zanganeh said on Sunday that he was very hopeful of an improvement in the country’s crude exports, state TV reported, in spite of tightened U.S. sanctions on Tehran’s main source of income.
His comments came as Iran faces further U.S. sanctions after announcing on Sunday it will shortly boost its uranium enrichment above a cap set by a landmark 2015 nuclear deal. Zanganeh blamed Iran’s longtime foe the United States for destabilizing the oil market, saying that Washington was “using the oil as a weapon” to pressure Iran.
Under the nuclear deal between Iran and six powers, most international sanctions against Tehran were lifted in return for limitations on its nuclear work, however Trump last year withdrew from the deal and reimposed sanctions.
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