US Leads Iranian Oil Industry to Crisis: US Expert

Azerbaijan, Baku, 11 January / corr Trend D.Khatinoglu / As a result of the sanctions, applied by the United States on the Iran over the past year, no foreign company had put any investment in the Iran. "The United States has led the Iranian oil industry to a critical situation," Kamran Dadkhakh, a US economic expert, said.

As a result of the international sanctions applied by United States against Iran, over the past 2 years, the European companies hesitate in concluding new contracts with Iran, BBC reported on 11 January. In a conference in Vienna, Iran announced a tender showing 17 oil contracts with the country, Iranian news agency IRNA reported on 10 November.

Dadkhak, the Professor of the US Northeastern University, a member of the Iranian Research and Analysis, said in a telephonic interview on 11 January that after the Islamic revolution-as a result of its gross and unsuccessful policy Iran has been always imposed to tough sanctions. "In the past, Iran exported over 5mln barrels of oil a day. However, after the sanction this figure does not reach even 3mln," Dadkhakh said. According to the expert, the unsuccessful economic plans of the Iranian Government and the US economic sanctions applied strictly against Iran, led Tehran to the crisis.

"I think not the sanctions imposed on Iran by the UN Security Council, but the US economic pressures on Tehran, led the country to the crisis," Dadkhakh said.

UN Security Council demanded Iran to stop the nuclear enrichment. Iran did not agree upon it, and so far -two resolutions were imposed on this country. The United States put embargo on the four Iranian banks and banned the foreign companies to establish the financial relations with any of these banks.

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