President of Iran announced his intention to increase oil exports


Iranian President Hassan Rouhani said on national television that Iran would not reduce the extraction and export of crude oil, despite the restoration of restrictive measures by the US. Earlier, US State Department spokesman for Iran Brian Hook said: “Our goal is to reduce the trade of Iranian oil with any countries to zero by November 14.” The US authorities did not rule out the possibility of introducing secondary sanctions against third countries for trade with Iran after the full restoration of sanctions against this country. In early August, the US restored the first block of restrictive measures against Iran. They concerned the Iranian automobile sector, trade in gold and other metals. The second block of sanctions, which enter into force on November 4, will concern the energy sector of Iran, as well as transactions related to the hydrocarbon raw materials and the Central Bank of Iran.

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