{"id":4353,"date":"2023-03-20T14:40:22","date_gmt":"2023-03-20T14:40:22","guid":{"rendered":"http:\/\/roydadnaft.ir\/English\/?p=4353"},"modified":"2023-03-20T14:40:24","modified_gmt":"2023-03-20T14:40:24","slug":"any-political-legal-interference-in-energy-market-a-lose-lose-game-for-all-players","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/4353\/","title":{"rendered":"Any political, legal interference in energy market a lose-lose game for all players"},"content":{"rendered":"<div class=\"entry-content\" itemprop=\"description\">\n<p>Iran\u2019s minister of petroleum, in a statement, on Sunday put great emphasis on bringing stability to the international energy and oil market.<\/p>\n\n\n\n<p>Javad Owji warned that any interference, including political and legal meddling, in the energy market\u2019s economic foundations will be a lose-lose game for all players of the energy arena and will fail to help eradicate energy poverty and provide the global energy market with security.<\/p>\n\n\n\n<p>\u201cThe global energy market is required to get rid of politicization to achieve stability,\u201d read the statement.<\/p>\n\n\n\n<p>Political and legal intervention pursuing shortsighted objectives endangers stability and security of the international energy market, continued the statement, adding, \u201cIn spite of all uncertainties such as the coronavirus pandemic and its consequences for the world economy, the decisions made by OPEC+ member states over the past three years have to a great extent guaranteed stability and balance of the energy market in a way to serve producers and consumers\u2019 interests.<\/p>\n\n\n\n<p>OPEC and non-OPEC oil producing countries \u2013 the parties to the cooperation statement \u2013 are unanimous on this point that creating economic and political instability and insecurity prevents preplanned investments in oil and energy industries\u2019 development projects, which consequently causes instability and insecurity in global energy market, read another part of the minister\u2019s statement.<\/p>\n\n\n\n<p>Hence, the Islamic Republic of Iran, as one of the world\u2019s largest holders of oil and gas reserves, attaches great significance to new investments in oil industry and welcomes any type of new investments in its oil and gas sectors, particularly by OPEC+ member states, to take a stride toward guaranteeing the world\u2019s energy security, concluded the statement.<\/p>\n<div class=\"post-date no-social-btn post-updated\">Updated on<time class=\"updated dt-updated\" itemprop=\"dateModified\" datetime=\"2023-03-20T14:40:24+00:00\"> 20 March 2023<\/time><\/div><\/div>","protected":false},"excerpt":{"rendered":"Iran\u2019s minister of petroleum, in a statement, on Sunday put great emphasis on bringing stability to the international energy and oil market. Javad Owji warned that any interference, including political and legal meddling, in the energy market\u2019s economic foundations will be a lose-lose game for all players of the energy arena and will fail to [&hellip;]","protected":false},"author":1,"featured_media":4354,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[17,22,36,19,16,35],"tags":[],"services":[],"class_list":["post-4353","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-iran","category-lastnews","category-news","category-oil","category-topnews"],"_links":{"self":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/4353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/comments?post=4353"}],"version-history":[{"count":0,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/4353\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media\/4354"}],"wp:attachment":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media?parent=4353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/categories?post=4353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/tags?post=4353"},{"taxonomy":"services","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/services?post=4353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}