Iran says U.S. grabbed its Europe oil market share while it was under sanctions

*Iran’s Foreign Minister Mohammad Javad Zarif.

*Iran’s Foreign Minister Mohammad Javad Zarif.

08 April 2016, Moscow — The United States grabbed Iran’s share of Europe’s oil market while Tehran was under sanctions, Iranian Foreign Minister Mohammad Javad Zarif said in an interview broadcast on Friday, making clear the Islamic Republic was keen to regain its market niche.

“Now that Iran has returned (to the oil market), we hope that other producers will draw their conclusions, and Russia, in my opinion, has shown that it understands the specific conditions in which Iran finds itself after the lifting of the sanctions,” Zarif told Russia’s Rossiya-24 TV channel.

“I hope that all countries – OPEC and non-OPEC alike – will also recognize this fact and will count with it,” he said.
*Vladimir Soldatkin; Writing – Dmitry Solovyov – Reuters

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