POST Online Media Lite Edition


Iran predicts difficult days for oil consumers worldwide

Staff Writer |
Iran's oil minister said on Tuesday that U.S. sanctions on Iranian crude exports mean difficult days for oil consumers worldwide, adding that waivers issued by Washington to eight importing countries will not satisfy market demand.

Article continues below

"The issued waivers have not been enough for the market demands... Unfortunately difficult days are predicted for oil consumers around the world in coming months," Bijan Zanganeh was quoted as saying by the oil ministry's news agency SHANA.

What to read next

Iranian nuclear talks extended by 7 months
Iran intends to sue Boeing through all tribunals
Iran could supply EU with electricity without problem