Zangane: U.S. wish to halt Iran's crude exports won't come true

Zangane: U.S. wish to halt Iran's crude exports won't come true

Iran's oil minister Bijan Namdar Zanganeh said the United States will not succeed in its plans to halt Iranian crude exports even as he acknowledged that South Korea has stopped buying oil from Tehran, Iranian media reported.

The website of Iran's oil ministry, Shana.ir, quotes the minister as saying the "U.S. dream of getting Iran's oil exports (effectively) to zero won't come true."

Zanganeh said such a plan isn't possible long-term, though Washington seems determined to cut Iran's crude exports, "even if for just a month," CNBC reported.

However, he did say that Seoul hasn't bought any Iranian crude "for three continuous months."

The oil minister also welcomed the outcome of a meeting Sunday between OPEC members and the cartel's allies, which ended without any decision to further increase oil output despite Trump's call for lower prices.

Zangeneh says "no country gave a positive answer to Trump" and that this can be considered a "heavy defeat" for the U.S. president Donald Trump.

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