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MP: Sanctions imposed on Sepah have no impact on Iran's oil sales

Oil&Gas Materials 14 April 2019 15:53 (UTC +04:00)

Baku, Azerbaijan, April 14

By Elnur Baghishov – Trend:

The inclusion of Iran’s Islamic Revolutionary Guard Corps Sepah in the US list of terrorist groups has no direct impact on Iran's oil sales, Member of the Iranian Parliament's Energy Commission Hidayatulla Hadimi told the Iranian parliament's website, Trend reports.

The economic disability is observed in the Middle East and prices for products in different countries increase due to such terrorist groups, he said.

Hadimi added that such countries as Saudi Arabia will try to prevent the rise in oil prices by increasing production.

According to the US decision, even such countries with the world's biggest economies as China and Japan will also suffer damage, he said.

The US will never wage a direct war with Iran but the sanctions against Iran will destabilize the regional economic market, Hadimi added.

If over the past years oil products instead of crude oil were sold, Iran would not have faced the problem with the US any action today, he said.

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