Iran Economy NewsIran says Saudi won't fill Iran gap in oil...

Iran says Saudi won’t fill Iran gap in oil embargo

-

Reuters: Saudi Arabia will not seek to replace Iranian oil in the case of oil sanctions against Iran, Iranian Oil Minister Rostam Qasemi said on Wednesday.

VIENNA Dec 14 (Reuters) – Saudi Arabia will not seek to replace Iranian oil in the case of oil sanctions against Iran, Iranian Oil Minister Rostam Qasemi said on Wednesday.

“We had a full discussion with him yesterday and Mr Naimi rejected replacing Iranian crude if Iran faces oil sanctions,” Qasemi told reporters ahead of an OPEC meeting in Vienna.

“We have very good ties and a close relationship with Saudi Arabia,” said Qasemi.

Asked at the same press briefing about Qasemi’s statement Saudi Oil Minister Ali al Naimi declined comment.

The European Union is considering an embargo on Iranian oil exports that would block the sale of about 450,000 barrels a day from Iran into the EU.

(reporting Ramin Mostafavi)

Latest news

Iran Dispatches Terror Squads to Iraq: Militia Commander Confesses

“Confessions made by Qassem Musleh al-Khafaji, one of commanders of Iran-backed Popular Mobilization Units (PMU) in al-Anbar governorate, unveiled...

Iran’s Presidential Candidates Deliberately Ignore Crises Caused by the Neglect of the Social Sphere

One of the main crises in Iran, caused by the mullahs’ underdeveloped culture, is the social crisis. On the...

Satellite Footage Shows Tehran Never Stopped Nuclear Bomb-Making Projects

On June 9, Fox News revealed unusual activity at the Sanjarian nuclear site in 25 miles outside the capital...

Presidential Candidates Did Not Mention Iran’s Dying Economy

Not mentioning the economic situation and plans by Iran’s presidential candidates has a long history in Iran’s elections. The...

A Sad Example of Iran Officials’ Pointless Economic Plans

There is no doubt that Iran’s economic system is a disordered and turbulent market without any control or proper...

All-Important Wetlands in Iran Dried Up

Iran is geographically located in an arid and semi-arid region, and in recent years the issue of wetlands, lakes...

Must read

Iran MPs mull blocking UN nuclear inspections

AFP: Iran's conservative-dominated parliament is to examine a bill...

Iran leaving ‘little choice’ but to toughen sanctions: Clinton

AFP: Iran's nuclear stance is leaving major powers with...

You might also likeRELATED
Recommended to you