Date: 5 months ago   Category: Energy

Iran has excluded oil export reduction lower than 1 million barrels — Rambler News Service


Iran exports 2,5 million barrels of oil a day in recent months, the first vice-president of Iran Eskhak Dzhakhangiri has reported. According to him, the volume of export of the Iranian oil won't become less than 1 million barrels a day because of sanctions of the USA. "If Americans could stop export of the Iranian oil, price of oil would grow to $100" — quotes the IRNA agency of Dzhakhangiri who has acted on the occasion of national day of insurance. In May of this year the U.S. President Donald Trump announced an exit from the nuclear transaction (JCPOA) with Iran and renewal of the anti-Iranian sanctions. The Joint Comprehensive Plan of Actions (JCPA) according to the nuclear program of Iran has been concluded in 2015 between several countries: under her, except Iran, Russia, the USA, Britain, China, Germany and France were signed. Within the transaction Iran has refused development of the military nuclear program in exchange for gradual cancellation of the international economic sanctions.

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