DUBAI, February 5. /TASS/. Iran will conclude a large-scale agreement on export of hydrocarbons soon, the republic’s oil minister Mohsen Paknejad said in light of US President Donald Trump’s threats to reduce export of Iranian hydrocarbons to zero.
"One of the largest oil agreements in the country’s history will be signed soon in the presence of President [of Iran Masoud Pezeshkian]. The subject-matter of the agreement will only be announced after its signing," he said. The fact of the agreement’s conclusion reflects the interests of both Iranians at large and the authorities of the republic, the minister added.
Paknejad also noted that unilateral sanctions imposed against oil-exporting countries destabilize global markets and hit hard the consumers.
Earlier, Trump signed an executive order to reimpose maximum pressure on Iran in a move to prevent Tehran from obtaining nuclear weapons, as well as to reduce the country’s oil exports. However, the US president did not rule out a meeting with Iranian President Masoud Pezeshkian.