Iran Prepares for Potential Oil Export Cuts Under Trump ...Middle East

Economy by : (OILPRICE) -
Iran is ready to face possible additional sanctions on its oil exports, Iranian Oil Minister Mohsen Paknejad was quoted as saying on Wednesday. “Required measures have been taken. I will not go into detail but our colleagues within the oil sector have taken measures to deal with the restrictions that will occur and there is no reason to be concerned,” Reuters quoted Paknejad as telling the oil ministry’s news service Shana. During his first term in office, U.S. President-elect Donald Trump tore up the so-called Iran nuclear agreement,…

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