Iranian oil minister says Tehran has no plans to leave OPEC but regrets some members have turned the group into a political forum
Iran has no plans to leave the Organization of the Petroleum Exporting Countries despite being treated like an enemy by some fellow members, Oil Minister Bijan Zanganeh said in an interview published on Saturday.
"And two regional countries are showing enmity towards us in this organization. We are not their enemy but they are showing enmity towards us...and use oil as a weapon against us in the global market and world."Tensions between Iran and Saudi Arabia and the United Arab Emirates - both US allies - have spiked this year after the two said they would increase oil production to make up for Iranian crude cut off from the market by US sanctions.
Zanganeh was also quoted by ICANA as saying the United States had made it increasingly difficult for Iran to sidestep sanctions but it had come up with new ways to circumvent them.
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