May 11, 2018 17:36

Zanganeh: US JCPOA Exit Will Not Impact Oil Export

Iran's oil Exports in April hit the record of 2.61 million barrels a day.

Iranian Oil Minister Bijan Namdar Zanganeh said on Thursday that US President Donald Trump’s decision to quit a multinational nuclear deal would not affect Tehran’s oil exports.
“Trump’s decision will not have any impact on our oil export ... That era is history now,” he told state television, Reuters Reported.
Trump announced a US withdrawal from the 2015 nuclear deal on Tuesday and said he was preparing new sanctions against Iran. Zanganeh said foreign investment was needed to develop Iran’s oil industry, but that it could survive even if foreigners decided to stay away for fear of US penalties.

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Iran Oil Exports