Iran’s oil minister on Saturday accused U.S. President Donald Trump of insulting OPEC by ordering This particular to improve production in addition to also reduce prices, adding Iranian oil production in addition to also exports had not changed as a result of U.S. pressure.
Trump accused on Wednesday the Organization of the Petroleum Exporting Countries of driving fuel prices higher, in addition to also urged U.S. allies such as Saudi Arabia to pump more if they wanted Washington to continue protecting them against their top foe Iran.
“Mr Trump sends every day a brand-new message which creates uncertainty from the market,” Iranian Oil Minister Bijan Zanganeh said in an interview with state television.
“Trump’s order to OPEC members to improve production will be a great insult to those governments in addition to also nations, in addition to also destabilises the market.”
Zanganeh said Iranian oil production in addition to also exports had not changed as a result of U.S. pressure.
Iran, OPECs third-largest producer, will be facing U.S. sanctions on its oil exports which are prompting some buyers to cut purchases.
The United States in May said This particular was walking away through an international deal on Iran’s nuclear program, in addition to also said This particular might impose fresh sanctions on Iran’s energy sector.
South Korea halted in July all Iranian oil shipments for the very first time in six years amid U.S. pressure.
Iran has threatened to block oil exports through a key Gulf waterway in retaliation for U.S. efforts to reduce Iranian oil sales to zero