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Iran planned for US blockade’s effect on oil sector, minister says

May 11, 20264:40 AM Reuters0 Comments

Iran’s oil sector has faced some issues since the start of a U.S. maritime blockade on Iranian ports, but the oil ministry has taken countermeasures, Iran’s Oil Minister Mohsen Paknejad said on Monday to state TV, without specifying the measures.

“During the 40 days of war, our production didn’t decrease and the export process was favourable,” Paknejad said. “Naturally, in the days following the (U.S.) blockade, we have faced challenges but measures were taken and this process continues” adding “the enemy is full of delusions.”

(Reporting by Dubai Newsroom Editing by Bernadette Baum)

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