Increase in other countries' oil production harms Iran: Ex-official

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News code : ۱۲۵۷۴۴۵

The former Director General of OPEC Affairs has said that any increase in oil production by other producers will have an impact on countries like Iran whose exports are limited due to sanctions.

Commenting on the Russian oil exports in the current situation, Javad Yarjani told ILNA that given the restrictions on Russia in the European markets, Moscow was forced to pay attention to the eastern markets.

Any increase in production by other producers will have an impact on countries like Iran whose exports are limited due to sanctions and will result in financial losses, and in fact, this situation is in favor of importing countries, he noted.

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