- Iranians holding Ashura mourning for Imam Hussein
- Third step: Iran officially informs EU of plan to expand nuclear R&D
- Iran expands nuclear R&D program: Rouhani
- Iran goes ahead in space tech, despite US sanctions: ISA
- Resistance Front undermining Israeli regime power: Top commander
- Iran: 7 crew members of detained UK ship freed
- US addiction to sanction threaten its power: Iran’s Zarif
- Dutch role in 2007 Stuxnet attack on Iran’s nuclear site under scrutiny: Iraian FM Spox.
- Iran: ‘Sustainable Security 2019’ kicks off in Caspian Sea
- Iran’s Zarif leaves Tehran for Moscow
- Shiraz University ranked 1st in liver transplantation: Iranian health official
- Japan’s Abe to meet Iran’s president to discuss easing tension in region
- Downing of US spy drone shattered war threats against Iran: Top IRGC commander
- IAEO head reports development of first ion-therapy hospital in west of Asia
- Iranian Taekwondo team wins 2019 World Cup championship
- US sanctions failed to force Iran to buckle: Report
- Crew fixing Iran oil tanker broken down in Red Sea
- As Iranians hold nerves, US seeks to scare off trade
- Leader expresses concern about Kashmir, urges India to follow fair policy toward Muslim-majority region
- Iran saffron exports down due to smuggling, government restrictions: Exporter
- Iran FM warns US against ‘serious miscalculation’ in Persian Gulf
- Iran’s resistance policy led to release of oil tanker: MP
- Iran in reverse brain drain as top students come home in rising numbers
- Iran official calls for compensation for tanker seizure
- Iran hails N Korea for standing against ‘unilateral’ US demands
- Shia Muslims celebrate Eid Al-Ghadir
- North Korea praises Iran’s anti-US struggle
- Zarif says to meet French president Friday
- Iranian court hearing case of UK oil tanker
- Over half of Japanese voters oppose joining US-led anti-Iran coalition in Persian Gulf: Poll
- IME trade ups by 21 percent in July
- Finland backs INSTEX in defiance of US
- US anti-Iran policy in high seas harms Europeans: LA Times
- Iran, China confer on Syria
- Iran, Finland share views on Persian Gulf dialogue forum: Zarif
- Iran warns US against seizure of oil tanker
- Iraq eager to benefit from Iranian Police’s experience
- Iran planning 3rd step to reduce nuclear commitments: Spokesman
- Leader grants clemency to over 1,000 Iranian inmates
- Registration for Arbaeen Pilgrimage to begin in Iran on Friday
- Iran, Iraq agree to reopen Khosravi border crossing
- Iran deplores suicide attack at Kabul wedding hall
- Iran to hold int'l hand-woven carpets expo
- Zarif meets with Iran-Kuwait Friendship Group members
- Adrian Darya oil tanker not under any sanctions, says Iran envoy
- ‘Iran to stay in nuclear deal as long as its interests are met’
- India envoy happy with positive trend of trade with Iran
- Iran’s annual export of white meat tops 2.5m tons: Minister
- Iranian scientist discovers new state of matter
- Iran, Japan diplomats discuss bilateral ties
- Iran, Ansarullah, European representatives Yemen developments
- ‘Iran to become self-sufficient in producing aircraft engines'
- US issues seizure warrant for Iranian supertanker 'Grace 1'
- Neanderthal tooth unearthed near Iran’s Zagros mountain
- Iran’s Zarif due in Kuwait on Saturday
- US faces humiliating defeat after Gibraltar releases Iranian tanker: Envoy
- Spokesman rejects claim on Iran’s commitment in exchange for tanker release
- Zarif reacts to release of Iranian tanker in Gibraltar
- Israel, UAE engaged in secret talks on Iran arranged by US: Report
- US threatens visa ban as Iranian-operated tanker sets to sail from Gibraltar
- Enemies must factor Iran's global power in their calculations: IRGC's chief commander
- Trump’s administration conflicting messages to Iran baffle go-betweens: Report
- Gibraltar releases Iran-operated tanker despite US pressure
TEHRAN, August 20 - Iran has called on the Organization of the Petroleum Exporting Countries (OPEC) to prevent efforts by certain member states to take over its share of the oil market in what is seen as a reference to speculations that Saudi Arabia would pump more oil to fill Iran’s gap once US sanctions against the Islamic Republic take effect.
TEHRAN, Young Journalists Club (YJC) - Kazem Gharibabadi, Iran’s representative to international organizations based in Vienna, was quoted by media as saying that the OPEC should do more to “fully protect” its member states against countries that he said were trying to politicize the group.
Gharibabadi – who was meeting OPEC Secretary-General Mohammad Barkindo - described as “illegal” a decision by the United States to restore sanctions against Iran – including those that would target the country’s oil exports within the next few months.
He said US sanctions should not become a tool at the hands of other OPEC member states to assume Iran’s share of the market.
In May, US President Donald Trump announced that he would take America out of a 2015 nuclear agreement with Iran that had seen a large portion of sanctions against the country lifted.
The first wave of sanctions that were restored in early August largely targeted Iran’s access to the US Dollar. The second wave that would strike in early November would target Iran’s oil exports.
Following his announcement that he would reimpose sanctions against Iran, Trump called on OPEC to pump more oil to bring down prices. Energy ministers of Saudi Arabia and Russia accordingly said in May they were prepared to increase their supplies to calm consumer worries about supply once Iran sanctions take effect.
This, however, drew the immediate reaction of the Islamic Republic.
“No other OPEC member state can take over the market share of other member states under any condition and no such authorization was ever issued during the Organization’s last Ministerial Conference,” Gharibabadi was quoted as saying by Iran’s Shana news agency.
“Besides, the technical conditions of other producers do not allow this.”
He further emphasized that OPEC needed to remain an independent organization immune to political pressures.
Gharibabadi also said all OPEC member states needed to implement the decisions of the Organization’s Ministerial Conference and avoid any interpretation of those decisions that would undermine them.
On November 4, Washington would reimpose sanctions on Iran’s oil exports and energy sectors, financial institutions conducting transactions with the Central Bank of Iran, as well as sanctions related to Iran’s port operators and shipping sectors, Reuters reported.
US officials have already said the sanctions would be meant to lower Iran’s oil exports to zero.
Iranian officials have repeatedly denounced the sanctions as illegal and have emphasized that the country would try to find mechanisms around the sanctions and keep its oil exports continuing.
Source: Presstv
Your Comment