Iran: no increase in oil output among Gulf nations

Source: BBC
Iran warned Gulf countries against increasing their oil output claiming they will have to take responsibility of such moves. The announcement came after the US and the EU started to seek ways to cut the Iranian crude oil exports. The neighbor countries should not support the EU and the US, said Mohammad Ali Khatibi. Any moves taken by Gulf nations will be perceived as unfriendly and in case they agree to replace Iranian oil they will be major culprits in anything that can happen in the Gulf region, he added.


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Mon, 16 Jan 2012 07:59:37 GMT

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