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Iran's oil minister says U.S. sanctions cannot stop crude exports: Tasnim news

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Reuters LONDON
Last Updated : Oct 23 2018 | 12:35 PM IST

LONDON (Reuters) - Iran's oil minister said on Tuesday that the United States could not stop Iranian oil exports by imposing sanctions on Tehran, warning that the sanctions on the Islamic Republic's oil exports would ensure the market remains volatile.

"As long as America targets Iran, one of the biggest crude producers, with sanctions, the volatility in the oil market will continue," Bijan Zanganeh was quoted as saying by Tasnim news agency.

The United States has said it plans to impose new sanctions targeting Iran's oil sector on Nov. 4.

(Reporting by Bozorgmehr Sharafedin; Editing by Susan Fenton)

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First Published: Oct 23 2018 | 12:26 PM IST

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