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Iran OilMin Zanganeh: Current issue in oil market is political tensions

Reza Zandi, a senior analyst in oil & gas sectors of Iran, has recently tweeted out quotes from his interview with Iranian oil minister Zanganeh before he left for the OPEC summit in Vienna.

  •  It is really something that President Donald Trump wants OPEC to solve the issue of high oil prices, when it was he who caused this issue, in the first place, with the unilateral imposition of extraterritorial sanctions.
  • The current issue in the oil market is primarily down to political tensions, which president Trump has contributed to. It is not down to supply and demand not being in balance.

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