Iran minister: Trump should stop ‘interference’ in Middle East if he wants cheaper oil
Iranian Oil Minister Bijan Zanganeh was quoted saying that America should stop interfering in the Middle East if it wants lower oil prices.
“Mr. Trump is trying to seriously reduce exports of Iran’s oil and also ensure the price of oil does not go up, but these two cannot happen together,” Reuters reported Zanganeh as saying to the Iranian Students’ News Agency.
“If he wants the price of oil not to go up and the market not to get destabilized, he should stop unwarranted and disruptive interference in the Middle East and not be an obstacle to the production and export of Iran’s oil.”
The comments come after President Trump on Tuesday took aim at Iran in a defiant address to the United Nations, calling on world leaders to join the U.S. in isolating Tehran.
Trump also used a large portion of his address to tout his administration’s plans to launch a “campaign of economic pressure” aimed at starving Iran of money it would use “to advance its bloody agenda” in the Middle East and beyond.
“Trump blames OPEC for what he has created and caused: the rise of the price of oil and disturbance in the market.”
However, Saudi Arabia, the de facto head of OPEC, said Sunday that the group will not rapidly increase supply, as Trump has demanded.
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