Cutting Iran’s oil exports to zero is ‘impossible dream’ - MP

Oil&Gas Materials 18 September 2018 11:57

Tehran, Iran, Sept. 18


Behrouz Nemati, spokesman for the Iranian parliament's presiding board, said that reducing Iran’s oil exports to zero is an “impossible dream”.

“It is an impossible dream (for Washington) to cut Iran’s oil exports to zero, given the current regional and global developments,” Nemati told ISNA on September 18.

Referring to Russia’s attempts to make up for Iran’s share of the market, he said it would be impossible to replace Iran’s oil exports in the world market given the high demand for the limited supplies.

Russia has been always after its own financial interests, the lawmaker said.

On May 8, US President Donald Trump pulled his country out of the JCPOA, which was achieved in Vienna in 2015 after years of negotiations among Iran and the Group 5+1 (Russia, China, the US, Britain, France and Germany), and announced plans for new sanctions against Tehran.

The White House has also announced plans to get as many countries as possible down to zero Iranian oil imports and launch a campaign of “maximum economic and diplomatic pressure” on Iran.