Speaker: US defeated in oil sanctions by Iran's astute moves

Iranian Parliament Speaker Ali Larijani underlined the US failure to reduce his country’s oil exports to zero, saying that Washington had been defeated by Iran’s smart moves.

“Trump has failed to put his word into practice, as many successful countries have decided to confront the US government for its abnormal behavior. Of course, it was Iran’s smartness which defeated the wicked man,” Larijani said, addressing a meeting in Alborz Province on Wednesday, reported Fars News Agency.

He stressed the need for continued resistance against US plots and acts.

Iran has denied US claims that sanctions have cut off the country’s oil exports to zero, saying it would exhaust any channel to ship its oil to customers around the world.

On Tuesday, Iranian Oil Minister Bijan Namdar Zanganeh underlined that the US sanctions had failed to stop Iran's oil supplies to other countries.

“Zanganeh guaranteed in the meeting that Iran's oil sales would continue under any circumstances, especially under sanctions, and we will not allow any disruption in oil our sales,” Ali Sari, a senior MP, quoted Zanganeh as saying in Tehran at a meeting with Iranian lawmakers.

“Sanctions leave no impact on Iran’s oil sales,” Zanganeh added, according to Sari.

Also, Iranian First Vice President Eshaq Jahangiri said earlier this month that Tehran was ready to offer oil futures contracts for certain international buyers to offset the impacts of the US sanctions on its supply to the global markets, vowing that the country would not reduce its production at three to four million barrels per day.

Jahangiri said that contracts for buying Iran’s oil at pre-determined prices with maturity of up to three years would be available for powerful economies.

“Any powerful country that wishes to work with Iran can pre-order Iran’s oil for the next two to three years,” he added.

source: Iran Daily