No future US government can prevent Iran oil exports, minister says

Above, the Iranian-flagged oil tanker Fortune arrives at the El Palito refinery in Puerto Cabello, in the northern state of Carabobo, Venezuela on May 25, 2020. (MINCI/AFP)
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Updated 19 June 2024
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No future US government can prevent Iran oil exports, minister says

  • In 2018, then-President Trump withdrew from a 2015 nuclear pact with Iran and re-imposed sanctions which hurt Iran’s oil sector
  • US President Joe Biden took office in 2021 and since then Iran has managed to raise output to 3.5 million bpd while tripling exports

DUBAI: Iranian oil exports will continue regardless of who is elected as the next US president, Iranian Oil Minister Javad Owji said on Wednesday, amid concerns that a Donald Trump presidency could curb Iranian crude sales.
“Whatever government comes to power in the United States will not be able to prevent Iranian oil exports,” Owji said in comments quoted by Iran’s official news agency IRNA.
In 2018, then-President Trump withdrew from a 2015 nuclear pact with Iran and re-imposed sanctions which hurt Iran’s oil sector, with production dropping to 2.1 million barrels per day (bpd).
US President Joe Biden took office in 2021 and since then Iran has managed to raise output to 3.5 million bpd while tripling exports, according to Owji.
Iran has expanded oil trade with China.
Iran will elect a new president on June 28 following the death of President Ebrahim Raisi in a helicopter crash in May.
The US presidential election is scheduled for November 5.


Iran opens trial of dual national accused of spying for Israel

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Iran opens trial of dual national accused of spying for Israel

  • The defendant entered Iran about a month before the 12-day war in June, during which Israel and the US struck Iranian nuclear facilities
DUBAI: The trial of a dual national holding European citizenship has begun in Iran, the semi-official Tasnim news agency reported on Monday, saying they were indicted for “intelligence cooperation and espionage in favor of the Zionist regime (Israel).”
According to the Alborz provincial attorney general, the defendant — whose identity has not been disclosed — entered Iran about a month before the 12-day war in June, during which Israel and the US struck Iranian nuclear facilities.
They were arrested on the fourth day of the conflict by the elite Revolutionary Guards.
“Sophisticated spy and intelligence items and equipment were discovered in their villa in Karaj,” the attorney general said, adding that the charges under investigation carry penalties for “waging war against God” and “corruption on earth” — offenses often punishable by death.
In recent years, the Revolutionary Guards have detained dozens of dual nationals and foreigners, mostly on espionage and security-related charges.
Rights groups and some Western countries have accused the Islamic Republic of using such arrests to gain leverage in negotiations. Tehran denies arresting people for political reasons.