Skip to main content
Tags: iran | trump | middle east | meddling | oil

Iran: Trump Should Stop Interfering in Middle East If He Wants Cheap Oil

 Iranian Oil Minister Bijan Zanganeh speaks.
Bijan Zanganeh (Getty Images)

Wednesday, 26 September 2018 07:17 AM EDT

U.S. President Donald Trump should stop interfering in the Middle East if he wants the price of oil to stop rising, Iranian Oil Minister Bijan Zanganeh was quoted as saying on Wednesday.

"Mr Trump is trying to seriously reduce exports of Iran's oil and also ensure the price of oil does not go up, but these two cannot happen together," Zanganeh said, according to the Iranian Students' News Agency.

"If he wants the price of oil not to go up and the market not to get destabilized, he should stop unwarranted and disruptive interference in the Middle East and not be an obstacle to the production and export of Iran's oil."

Trump, not the Organization of the Petroleum Exporting Countries, is behind the recent rise in prices, Zanganeh said.

"Trump blames OPEC for what he has created and caused: the rise of the price of oil and disturbance in the market."

OPEC members do not have the capacity to increase production, Zanganeh said.

In a speech at the United Nations on Tuesday, Trump reiterated calls on OPEC to pump more oil and stop raising prices. He also accused Iran of sowing chaos and promised further sanctions on the country.

The United States will apply sanctions to halt oil exports from Iran, the third-largest producer in OPEC, starting on Nov. 4. The pending loss of Iranian supply has been a major factor in the recent surge in crude prices. 

© 2025 Thomson/Reuters. All rights reserved.


Newsfront
U.S. President Donald Trump should stop interfering in the Middle East if he wants the price of oil to stop rising, Iranian Oil Minister Bijan Zanganeh was quoted as saying on Wednesday.
iran, trump, middle east, meddling, oil
238
2018-17-26
Wednesday, 26 September 2018 07:17 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the Newsmax App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved