Tehran, Iran, Jan.11
Trend:
Iranian Oil Minister Bijan Zanganeh, speaking at a joint news conference in Baghdad with Iraqi Oil Minister Thamer al-Ghadhban, said Iran would not discuss the volume or destination of its oil exports while it remained under U.S. sanctions.
Zanganeh and his delegation arrived in Iraq's capital Baghdad on Thursday morning.
Iran's minister also said that the US sanctions against his country were “fully illegal,” adding that Tehran would not comply with them.
Ghadhban in turn said Iraq had not yet reached an agreement with Iran to develop joint oilfields. He also said the decline in global oil prices had stopped and that he expected them to improve gradually.
For his part, Zanganeh also voiced the need to further develop the bilateral relations, saying he hoped more cooperation could be achieved.
Washington withdrew from the 2015 Iranian nuclear deal last May and imposed a new round of sanctions against Iran on Aug. 7, 2018.
On Nov. 5, the United States announced the second package of anti-Iran sanctions covering the sectors of oil, energy and banking.