Chief of Staff of the Iranian Armed Forces Major General Mohammad Hossein Baqeri, accompanied by a high level delegation, arrived in Pakistani capital, Islamabad on Sunday on an official three-day visit for talks with the country’s officials.
Iran dismissed the recent remarks by Saudi energy minister that the Joint Ministerial Monitoring Committee (JMMC) overseeing the OPEC/non-OPEC supply agreement will no longer track individual countries' compliance with quotas.
Iran says US President Donald Trump’s anticipation that certain oil producers can fill the market gap created as a result of cutting off Iranian supplies is based on a “miscalculation” and that he had fallen into a trap that the same producers had created.
A prominent political expert based in the Italian city of Milan referred to Washington's plans to re-impose sanctions against Tehran in November and said the Trump administration is not able to isolate the Islamic Republic or block its oil exports.
Indications are growing that Chinese companies are scrapping plans to purchase oil from the United States and are instead turning to Iran for imports in what appears to be a result of escalating trade tariff war between Beijing and Washington.