Tag Archives: Hassan Rouhani

U.S. energy companies last week cut the number of oil rigs by the most since March following recent declines in oil prices.

The Iranian president has warned the United States. stating that peace with Iran would be crucial for Washington'.s policies.

The statement comes in response to anti-Iran rhetoric by the US. which is currently pressing allies to cut off Iranian crude exports.

The Trump administration has said there are more than 50 foreign companies that have withdrawn their business from Iran.

Washington has warned other countries to end business in Iran and stop buying its oil from early November or face punitive measures.

Iranian officials have said that key for them is to ensure measures that guarantee oil exports do not halt.

Iran'.s nuclear activities have always pursued peaceful purposes.

Iran is OPEC'.s second-largest crude exporter with more than 2 million barrels a day.

Iranian President Hassan Rouhani said: ``It has no meaning for Iranian oil not to be exported. while the region’s oil is exported"..

Iran has warned it would not accept other producers reaping the benefits by taking its market share.