• Deputy Foreign Minister of the Russian Federation Sergei Ryabkov
    Deputy Foreign Minister of the Russian Federation Sergei Ryabkov

Deputy Foreign Minister of the Russian Federation Sergei Ryabkov said that, the US will not achieve its' goals by anti-Iran sanctions.

Iran PressEurope: The US unilateral sanctions are aimed to hurt Iranian’s will, Deputy Foreign Minister of the Russian Federation Sergei Ryabkov added.

Sergei Ryabkov also said that Iran has long-standing experience of resistance against sanctions, IRNA reported.

Referring to the US withdrawal from Iran nuclear deal, also known as the Joint Comprehensive Plan of Action (JCPOA), Deputy Foreign Minister of the Russian Federation said Russia together with other signatories will continue efforts for preserving the deal.

The United States on Monday restored sanctions targeting Iran’s oil, banking and transport sectors and threatened more action- steps that Tehran called economic warfare and vowed to defy.

Iranian president Hassan Rouhani said Tehran had so far been able to sell as much oil as it needs despite US pressure. 

Speaking in a meeting with the deputies and managers of the Ministry of Economic Affairs and Finance, Rouhani added, "America wanted to cut to zero Iran's oil sales but we will continue to sell our oil to break sanctions."

The President added, “What the Americans are doing today is putting pressure merely on the people. Today, we are not the only one who are angry about US policies, even European companies and governments are angry about them.”

Oil rebounded to $73 a barrel on Wednesday, supported by a report that Russia and Saudi Arabia are discussing oil output cuts in 2019.

TASS news agency, citing an unnamed source, reported that the two countries, the biggest producers in an OPEC-led alliance that has been limiting supply since 2017, have started bilateral talks on the issue.

A ministerial committee of some Organization of the Petroleum Exporting Countries members and allies, including Russia and Saudi Arabia, is due to meet on Sunday in Abu Dhabi to discuss the market and outlook for 2019.

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Nov 08, 2018 16:45 Asia/Tehran
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