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The acting oil minister called for solidarity, convergence, and extra work in the country’s current conditions, and urged higher production, wider oil-industry activity, rebuild of damaged sites, flare-gas gathering, and faster completion of projects ready to open. National interests must be protected and Iran turned into a great construction site, he said.
Iranian Parliament Deputy Speaker Ali Nikzad said the United States will never be able to reduce Iran’s oil exports to zero, arguing that Washington had drawn up plans targeting Iran’s oil and a significant share of the world’s oil resources and believed it could pressure Iran’s economy by gaining control of the Strait of Hormuz, but had failed to understand the Iranian people.
Iran’s oil minister said oil and gas production rose, flare-gas collection accelerated, South Pars pressure-boosting projects moved forward, crude processing capacity increased at shared fields, and diesel imports stopped during the Oil Ministry’s two years in the 14th government. He said Iran’s crude exports did not halt for even one hour during the 40-day war.
The spokesman for the Presiding Board of Iran’s parliament said Tehran will not stand idle in the face of economic pressure, called any cooperation with what he described as America’s oppressive sanctions a red line, and warned that the Islamic Republic will use strategic tools such as control of the Strait of Hormuz to defeat Washington’s efforts to offset military setbacks through economic means.