Iran will continue to export oil despite US pressure aimed at reducing the country’s crude shipments to zero, Iranian President Hassan Rouhani said on Tuesday.
“America’s decision that Iran’s oil exports must reach zero is a wrong and mistaken decision, and we won’t let this decision be executed and operational,” Rouhani said in a speech broadcast live on state television.
“In future months, the Americans themselves will see that we will continue our oil exports.”
Oil prices hit their highest since November in recent days after Washington said all waivers for sanctions-hit Iranian oil would end this week, pressuring importers to stop buying from Tehran and further tightening global supply.