Iran promises to sell as much oil as possible, despite US sanctions



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A senior Iranian official pledged that Tehran would sell as much oil as possible, while recognizing that new US sanctions would threaten the Iranian economy.

Vice President Eshaq Jahangiri also said on July 10 that Washington was trying to stop the Iranian petrochemical and steel industries, its copper exports and disrupt its ports

"We will make it clear to Americans this year they can not stop Iranian oil sales, "he said, quoted by the Fars news agency. Oil exports are a major source of hard currency for Iran, which is a member of the oil cartel of OPEC.

In May, US President Donald Trump announced that he was withdrawing the United States from the 2015 nuclear agreement with Iran. reimpose penalties.

US officials then told countries that they had to stop buying Iranian oil from November or suffer financial consequences

. US Secretary of State Mike Pompeo said Washington would consider the demands of some countries to be exempted from the new sanctions

"There will be a handful of countries that will come to the United States and ask for a relief. "Pompeo told Sky News Arabia, according to a State Department transcript published on July 10.

Pompeo did not name any country.

European powers still support the 2015 nuclear deal, under which Tehran agreed to limit its nuclear development in exchange for easing international sanctions.

According to reports by Reuters and Fars
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