EconomyIran

Iran oil minister stresses resistance against sanctions

 

The Iranian oil minister on Monday underlined resistance against the US sanctions and developing the country’s international market.

‘We should be vigilant and resist with all our power and capacities,’ Bijan Namdar Zangeneh noted in a local ceremony.

He said that the heaviest sanctions have been imposed against Iran.

The minister said that the enemy is doing its best to prevent export of crude oil, gas and petrochemical products by Iran.

The US president announced early May that Washington would pull out of Iran nuclear deal and reinstate sanctions, which had been lifted under the accord.

The first round of the sanctions snapped back into place in August, with the second round, targeting the energy and oil sectors that took effect on November 5.

This is while other signatories to the deal (i.e. Britain, France, Germany, China and Russia) have thus far criticized Washington’s unilateral move and repeatedly renewed their commitment to the deal.

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