iran dismisses oil sanction threats
Last Updated : GMT 23:11:44
Arab Today, arab today
Arab Today, arab today

Iran dismisses oil sanction threats

Arab Today, arab today

Arab Today, arab today Iran dismisses oil sanction threats

Tehran - Arabstoday

Iran's Foreign Ministry Spokesman Ramin Mehmanparast has dismissed the US-led threats of imposing oil sanctions against Tehran, saying that the West is incapable of removing Iran from energy transactions. A country like Iran, which has the world's fourth largest oil reserves and second gas reserves, cannot be eliminated from energy deals considering the current global energy situation, Mehmanparast told reporters at his weekly press conference in Tehran on Tuesday. He added that such sanctions will exert more pressure on those countries that are bent on using the bid to impose their will. Western countries will bear the brunt of damages resulting from an anti-Iran oil embargo, he said, adding that Western states have major differences in their approach to the issue. The spokesperson emphasized that Iran currently exports the least amount of oil and gas to European countries. Considering the enormous global demand for energy, I don't believe that even those countries that speak about imposing sanctions on Iran's oil sector can be serious about their remarks, Mehmanparast said. The spokesman's remarks came as Iran's Oil Minister Rostam Qasemi said on Monday that the proposed sanctions on the Iranian oil sector by the US and its European allies is nothing new as the country has grown accustomed to sanctions over the years. “In all the years that the Islamic Republic of Iran has been subject to various sanctions, good use has been made of the opportunity of sanctions,” he added. “However, we will push ahead with our projects every day better than the past,” Qasemi said. Meanwhile, Mehmanparast rejected any link between the slump of Iran's currency as well as the fluctuation in the stock markets and the latest unilateral US sanctions targeting the Central Bank of Iran (CBI). It is obvious that the fluctuation in the stock markets has nothing to do with sanctions and foreign policy, he said, adding that the sanctions “have yet to be implemented.” On January 1, US President Barak Obama signed into law fresh economic sanctions against the CBI and Iran's financial sector. The bill requires foreign financial firms to make a choice between either doing business with the CBI and Iran's oil sector or with the US financial sector. Moreover, On November 21, 2011, the United States and Britain imposed fresh sanctions targeting Iran's financial and energy sectors after the International Atomic Energy Agency (IAEA) released its latest report on Tehran's nuclear program on November 8, 2011. Despite the widely publicized claims by the US, Israel and some of their European allies that Iran's nuclear program may include a military diversion, Iran steadfastly insists on its civilian nature. Tehran argues that as a signatory to the Nuclear Non-Proliferation Treaty (NPT) and a member of the IAEA, it has the right to develop and acquire nuclear technology for peaceful purposes. 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

iran dismisses oil sanction threats iran dismisses oil sanction threats

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

iran dismisses oil sanction threats iran dismisses oil sanction threats

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Air China suspends flights to North Korea

GMT 10:39 2017 Thursday ,23 November

Air China suspends flights to North Korea
Arab Today, arab today Sophian Yussef reveals suitable decoration

GMT 02:56 2017 Thursday ,23 November

Sophian Yussef reveals suitable decoration
Arab Today, arab today Syria opposition meets in Riyadh

GMT 06:23 2017 Thursday ,23 November

Syria opposition meets in Riyadh
Arab Today, arab today Jordanian journalist happy of her career

GMT 17:37 2017 Thursday ,23 November

Jordanian journalist happy of her career
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today Srebrenica women cry tears of joy

GMT 08:03 2017 Thursday ,23 November

Srebrenica women cry tears of joy
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today 'Robo-taxis' hold promise, and perils

GMT 08:07 2017 Thursday ,23 November

'Robo-taxis' hold promise, and perils
Arab Today, arab today Honda recalls 800,000 minivans

GMT 11:43 2017 Wednesday ,22 November

Honda recalls 800,000 minivans
Arab Today, arab today Abeer Sabry reveals reason of “The Flood” success

GMT 08:03 2017 Tuesday ,21 November

Abeer Sabry reveals reason of “The Flood” success
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 07:56 2017 Monday ,20 November

Singer Jahda Wahba has unlimited ambitions

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts

GMT 10:43 2017 Wednesday ,22 November

Cigar-shaped asteroid came

GMT 09:45 2017 Tuesday ,21 November

Visit Jamaica for more than just sun

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday