US sanction threats not affect Iran

Added On July 10, 2018

The Iranian Petroleum Ministry says there has been no major change in Iran's production and exports of crude oil despite U.S. sanction threats.
On Sunday, Iran's Petroleum Minister said Iran has plans to counter U.S. President Donald Trump's threats to stop Iran's oil sales, and "the plans are working successfully."
The Iranian minister also criticized Trump for pressuring Saudi Arabia to increase its supplies and said such efforts would destabilize the oil market.
He said the governing principles in Organization of the Petroleum Exporting Countries (OPEC) would never allow such political pressures to change the directions of the market.
The minister also said anti-Iran efforts by the U.S. president are largely to blame for the high oil prices in international markets.
On June 26, the U.S. Department of State said it has been pushing countries to stop importing oil from Iran by November.