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Trump insulting OPEC with order on crude output — Iranian oil minister

Above, Bijan Zanganeh arrives at his hotel ahead of a meeting of OPEC oil ministers in Vienna, Austria on June 19. (Reuters)

Updated 07 July 2018

Reuters

July 07, 2018 08:56

Trump insulting OPEC with order on crude output — Iranian oil minister

Updated 07 July 2018

Reuters

July 07, 2018 08:56

LONDON: Iran’s oil minister on Saturday accused US President Donald Trump of insulting OPEC by ordering it to increase production and reduce prices, adding that the oil market should not be influenced by political factors.
“Mr Trump sends every day a new message that creates uncertainty in the market,” Bijan Zanganeh said in an interview with Iranian state television. “Trump’s order to OPEC members to increase production is a great insult to those governments and nations, and destabilizes the market.”
Zanganeh said Iranian oil production and exports had not changed as a result of US pressures.