Iran's oil minister reiterated on Tuesday that US President Donald Trump was responsible for rising oil prices, and warned that the only way to bring balance to the market was to suspend sanctions on Tehran.
Iran said it will veto any OPEC decision that harms its national interests and warned that some oil producers are trying to create an alternative suppliers’ forum that supports US policies hostile to Tehran.
French energy giant Total has officially left the country, ending speculations over whether it would stay to complete a gas project following the return of US sanctions against the Islamic Republic, announced Iran's oil minister.
Russian Energy Minister Alexander Novak met Iran's Oil Minister Bijan Namdar Zanganeh in Moscow on Monday to discuss energy cooperation between the two countries and through OPEC, Russia's Energy Ministry said.
Iran’s oil minister on Saturday accused US President Donald Trump of insulting OPEC by ordering it to increase production and reduce prices, adding that Iranian output and exports had not changed as a result of US pressure.