Iran says oil product exports hit record high despite U.S. sanctions

Iran has achieved record high exports of petroleum products despite U.S. sanctions, Oil Minister Bijan Zanganeh said in televised remarks on Friday.

Zanganeh said former U.S. President Donald Trump and his secretary of state, Mike Pompeo, had “joined the dustbin of history, but we are alive and working with more hope to build the country”.

“The enemy and Trump wanted us to perish and die, our exports to reach zero,” he said. “We set the highest record of exports in the history of the oil industry during the embargo period.”

Trump abandoned the Iran nuclear deal in 2018 and imposed sanctions on the Iranian energy and banking sector. It is estimated that Iran exports less than 300,000 barrels of oil per day (bpd), compared with a peak of 2.8 million bpd in 2018.

ET Energy World
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