23 Nov 2024
Monday 16 November 2020 - 12:56
Story Code : 385579

Twitter suspends Iran oil ministers page amid US sanctions

Twitter has suspendedIranian Petroleum Minister Bijan Zanganehs page, acting on the United States sanctions targeting Irans oil industry, which the Islamic Republic says have proven futile in preventing its crude sales.

The action was taken by the American social networking company againstZanganehs pageon Monday as per the sanctions that the US had imposed on a number of officials and entities affiliated with Irans Ministry of Petroleum on October 26.

Washington began targeting the Iranian oil business in 2018 after leaving a historic nuclear agreement between Tehran and others and returning the sanctions that the deal had lifted.

Back then, the White House alleged that it sought to reduce the Iranian oil exports to zero, and started to gradually rescind waivers that would enable Iran to sell oil overseas despite the coercive economic measures.

Despite taking an initial hit, the oil industry rallied fast, with the country succeeding to sell huge volumes of crude via anonymous routes.

In late September, Samir Madani, co-founder of the TankerTrackers group, told Reuters that the Islamic Republic was selling close to 1.5 million barrels per day (bpd) in both crude and condensate so far this month.

These are levels we havent seen in a year and a half, headded.

Zanganeh has himself asserted that the US bans had no practical effect and stemmed from Washingtons grudge toward Tehran.

Reacting to the raft of sanctions targeting him and his colleagues at the Petroleum Ministry, the minister called the measures a passive reaction by Washington to its own defeat in bringing down Irans oil exports to zero.

 

Source: Press TV
https://theiranproject.com/vdcgun9wyak97n4.5jra.html
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