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Iran calls for OPEC to unite against potential US oil sanctions (www.aljazeera.com)

submitted 5 days ago by [email protected] to c/[email protected]

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Author: Unknown
Published on: 05/02/2025 | 00:00:00

AI Summary:
Iran’s President Masoud Pezeshkian made the comments at a meeting with OPEC Secretary-General Haitham al-Ghais. Trump signed an executive order calling for a “maximum pressure” sanctions campaign on Iran, which he says aims to stop Tehran from obtaining a nuclear weapon. Iran's crude oil exports currently stand at 1.5 million barrels per day (bpd) Iran's oil exports rose to the highest since 2018 during the term of President Joe Biden. Iran’s Minister of Petroleum Mohsen Paknejad also told al-Ghais that imposing unilateral sanctions on crude producers would destabilise energy markets.

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