Aletho News

ΑΛΗΘΩΣ

Iran will import goods only from countries that buy its oil – MP

RT | July 4, 2018

The Energy Committee of Iran has announced that Tehran will buy goods only from those nations which purchase Iranian oil. This follows the US demand from its allies to stop buying Iranian crude.

“We will carry out barter exchange of oil and goods, which means the purchase of goods will depend on the sale of oil,” representative of Iran’s Energy Committee Asadollah Karekhani told ILNA news agency.

“We want to inform our target markets and countries that buy oil from us that we’ll purchase goods from them only if they purchase our oil,” he said, noting that a working group is being formed on barter deals.

Last week, a senior US State Department official told reporters that Washington would try to convince its allies to completely stop buying oil from Iran by early November. Discussions are also being held with other countries, including China.

Iranian President Hassan Rouhani has warned that if the country’s crude oil exports were threatened, the rest of the Middle East’s would be as well.

“Assuming that Iran could become the only oil producer unable to export its oil is a wrong assumption … The United States will never be able to cut Iran’s oil revenues,” he said.

Iran is OPEC’s second-largest crude exporter with more than 2 million barrels a day.

Rouhani is currently in Europe to gather support ahead of a meeting later this week between Iran and the five global powers that are still party to the 2015 nuclear deal.

July 4, 2018 - Posted by | Economics | , , , ,

1 Comment »

  1. The USA should stop interfering in the affairs of other countries, and they should also stop claiming that Russia interfered in the American Election. It is becoming tiresome.

    Comment by Brian Harry, Australia | July 4, 2018 | Reply


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.