Energy
0

Iran Oil Minister: Sanctions Removal Will Help Solve Global Energy Crisis

Iran Oil Minister: Sanctions Removal Will Help Solve Global Energy Crisis
Iran Oil Minister: Sanctions Removal Will Help Solve Global Energy Crisis

Iran is ready to help solve the global energy crisis by exporting its oil and derivatives, the country’s oil minister said, adding that the American and European decision-makers should learn from the current situation and lift sanctions reimposed on Iran.
Javad Owji said many European countries and even the United States are concerns about fuel supply, the Oil Ministry’s news agency Shana reported. 
“The unprecedented surge in gas prices in Europe was driven by a fall in gas storage levels. All this is happening while Iran has been deprived of exporting its oil for many years,” he said.
“Europeans and Americans are now struggling with such an issue while their governments have long imposed illegal and cruel sanctions against our crude oil exports.” 
While the sanctions have hit Iran’s economy and pressured different sectors, “evidence proves that the unilateral and trans-regional policy has not only impacted Iran, but also affected people in other countries which, we believe, will spread in the future if the irrational insistence on sanctions against Iran’s oil exports continues”, Owji said.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com