MNA � Iranian oil minister Bijan Namdar Zanganeh said on Monday that �with no doubt, one of the main reasons for the US to impose sanctions on Iranian and Venezuelan oil is supplying market for American shale.�

�The US seeks market for shale at the prices that can justify the made investments,� Zanganeh said.

�Americans added 1.5 million barrels to their production level in 2018-2019 and sold them at higher prices than $60,� he said, �The US could easily dominate the market by crossing out Iran and Venezuela.�

�The issue was not only a political but an economic one which was implemented by bulling behaviors,� the minister added.

On December 5, Zangeneh said he and his team would never give up on the Iranian nation�s rights regarding the country's share of oil sales in the global market.

He said, �Currently, our oil has been driven out of the market and those who have more output must undergo deeper cuts in the future.�

�No one must expect Iran to reduce its output in the wake of eased sanctions in the future.�