The Iran Project

Some countries trying to harm Iran by manipulating oil market: Iran minister

Iran’s Minister of Petroleum Bijan Namdar Zanganeh (file photo)

Reuters – Some countries are trying to harm Iran by manipulating the oil market, Iranian Oil Minister Bijan Zanganeh said on Wednesday, according to the semi-official Mehr news agency.

Zanganeh did not name a country but Iranian officials have accused Saudi Arabia of trying to take Iran’s share of the oil market in recent months. The United States restored sanctions targeting Iran’s oil, banking and transport sectors this month.

“Some countries are trying to strike a blow against Iran by interfering in the oil market and its supply,” Zanganeh said.

Reporting by Babak Dehghanpisheh; Editing by Edmund Blair

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