Iran says will veto any OPEC decision harming its interests
طهران/ خبرفوري// Iranian minister of petroleum has warned fellow OPEC members against any effort to appease the US, saying Tehran will veto any decision by the Organization of Petroleum Exporting Countries that harms Iran's national interests.
Bijan Zangeneh made the remarks in a Thursday interview with Bloomberg, ahead of a meeting of the Joint OPEC/Non-OPEC Ministerial Monitoring Committee (JMMC), which is to be held in Algeria on Sunday, just days before the anniversary of OPEC's decision to cut oil output.
He said the agreement reached in 2016 between OPEC member states and allied producers to cut output "is in tatters", and the JMMC meeting has no authority to impose a new supply deal.
While Zangeneh is not going to attend the JMMC meeting, he told Bloomberg he "will block any OPEC decision that poses the slightest threat to Iran."
The Iranian minister underlined that any decision on a new production deal by OPEC's Joint Ministerial Monitoring Committee would be "void" and "invalid".
Source: PressTV