News ID: 204809
Published: 0425 GMT November 22, 2017

Minister: Trump's call has no impact on Iran's crude exports

Minister: Trump's call has no impact on Iran's crude exports

US President Donald Trump's call urging other countries to refrain from purchasing oil from Iran has had no impact on the Islamic Republic's exports, said Iran's Oil Minister Bijan Namdar Zanganeh on Wednesday.

Trump wrote in a statement on November 18 that because there is enough supply of oil from other countries, it is possible to limit the purchase of oil and its derivatives from Iran, IRNA reported.

As per the Joint Comprehensive Plan of Action (JCPOA) signed between Iran and P5+1 in July 2015, the US should not hinder facilitation and normalization of Iran's economic ties and oil exports with and to other states respectively.

Prior to the deal, Iran exported about one million barrels of oil per day, which increased rapidly to reach 2.5 million barrels per day in the post-JCPOA era.

   
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Resource: IRNA
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