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BREAKING NEWS

Iran: 'We have plenty of other oil suppliers'

Iran We have plenty of

By JPOST.COM STAFF

DECEMBER 16, 2009 08:57

A senior Iranian oil official said on Wednesday that a move by US lawmakers to impose fuel sanctions on the Islamic republic would not cause any problems because Teheran had many suppliers, according to Reuters. "They cannot succeed," Hojjatollah Ghanimifard, senior vice president of investment affairs at the state National Iranian Oil Company told Reuters. The legislation, approved 412-12 on Tuesday, would end access to US markets for foreign companies that sell refined petroleum products to Iran.

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