Rouhani: Iran will export crude oil despite US pressure

TEHRAN: Iranian President Hassan Rouhani says his country will continue exporting crude oil despite US efforts to stop it through sanctions.
Speaking to a group of oil officials on Tuesday, Rouhani said the US is targeting oil exports as part of efforts to reimpose sanctions on Iran.
“We will continue by all means to both produce and export” oil, Rouhani said in remarks broadcast on state TV. “Oil is in the frontline of confrontation and resistance.”
The US wants to reduce Iran’s oil exports effectively to zero with renewed sanctions in November after pulling out of the nuclear deal between Iran and western powers in May.
It’s unclear, however, how much the US’s allies will cut back on Iranian oil imports.

Must Read

Walt Disney forms business unit to coordinate use of AI, augmented...

Walt Disney is forming a new group to coordinate the company's use of emerging technologies such as artificial intelligence and mixed reality, as the media...