15 October 2017 - 14:36
  • News ID: 279057
Iran: Trump Remarks Unlikely to Impact Oil Market

TEHRAN, Oct. 15 (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh said he believed it was unlikely that American President Donald Trump's recent assertions on Iran's nuclear program would impact the oil market.

Reacting to the US president's recent remarks on Iran's nuclear deal and the Joint Comprehensive Plan of Action (JCPOA), Mr. Zangeneh said: "I see it unlikely that these remarks will have any determining impact on the price of oil."

Speaking during a televised interview, the official said Trump's statements were predictable to some extent, but "given the seriousness and determination we have witnessed in Europeans and Asians, we hope we will be able to continue on our agenda and, God willing, reach results."  

The US president has refused to certify the 2015 international nuclear agreement between Iran and the five permanent members of the UN Security Council and Germany and has warned he might ultimately terminate it, in defiance of other world powers and undermining a landmark victory of multilateral diplomacy, PressTV reported.

Trump said he would choose not to certify that Tehran is complying with the nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA).

Trump also said his goal is to ensure Iran would never obtain a nuclear weapon, adding, "We will not continue down a path whose predictable conclusion is more violence, more terror and the very real threat of Iran’s nuclear breakout."

While Trump did not pull Washington out of the nuclear deal, he gave the US Congress 60 days to decide whether to reimpose economic sanctions against Tehran that were lifted under the pact. Reimposing sanctions would put the US at odds with other signatories of the accord such as the UK, France, China, Russia and Germany, as well as the European Union.

Trump also announced sanctions on the IRGC, which he accused of destabilizing the Middle East and threatening American interests in the region.

I am authorizing the Treasury Department to further sanction the entire Islamic Revolutionary Guard Corps for its support for terrorism and to apply sanctions to its officials, agents and affiliates," he claimed.

Iran’s Foreign Ministry said in a statement earlier Friday that the Iranian Armed Forces, including the IRGC, are the symbol of power and defenders of security and are supported by the Iranian government and nation.

The statement, which came a few hours before Trump’s speech, emphasized that Iran’s core policy is to support regional peace and stability and confront any destabilizing and divisive measures aimed at creating tensions and conflicts in the region.

News ID 279057

Your Comment

You are replying to: .
0 + 0 =