TEHRAN, Young Journalists Club (YJC) - Russian foreign ministry on Tuesday released a statement and reacted to the US policy of tightening oil sanctions on Iran to stop all exports of Iranian crude. "Such a course of action adds nothing to the Americans' international standing."
"The rest of the world perfectly understands that Washington's policy is becoming more and more aggressive and reckless," the statement said, according to AFP report.
The ministry said, "Washington is not even hiding its desire to make the world bend to its will," branding the heightened Iran sanctions "disturbing".
The United States on Monday announced that, in a bid to reduce Iran's oil exports to zero, it would from May 2 end US waivers that countries such as India, China, South Korea and Turkey currently have on buying Iranian crude.
The move adds to sanctions pressure that has built up under US President Donald Trump, who has pulled out of a 2015 international nuclear deal called Joint Comprehensive Plan of Action (JCPOA)
Russia praised Tehran's "restraint" over "the arrogant American provocations" and It called for all parties "with common sense" to do what they can to ensure the accord over Iran's nuclear activities survives.
In Tehran, Iran's Minister of Petroleum, Bijan Zangeneh said on Tuesday in an open session of Iran’s parliament that the Americans should know for sure that their dreams of bringing Iran's oil export to zero will never be realized.
Zanganeh also warned that no other country and even Saudi Arabia can replace Iranian petroleum output and oil market is fragile at the status quo.
Trump's decision to do away with the waivers has seen global oil prices rise, along with commercial tensions with China and India.
Source: Iran Press