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Undeterred by Trump’s Rhetoric, Iran Boosts Crude Exports

OPEC’s no.3 producer Iran will continue to export oil and aim to boost its global crude sales, as it is “not worried” that growing tensions with the U.S. over the nuclear deal would affect its oil flows to Asia and Europe, Saeed Khoshrou, Director of International Affairs at the National Iranian Oil Company (NIOC), has said in an interview with Bloomberg.

The “whole Europe won’t follow policy of U.S.,” Khoshrou said. “For exports, I’m not worried about that,” the senior NIOC manager told Bloomberg.