From Iran’s oil minister says snapback sanctions won’t have big impact on oil sales
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Mohsen Paknejad (R), then-Iran's nominee for oil minister, attends a parliament session in the capital Tehran, on August 17, 2024, as Iran's president defends his cabinet selection. (ATTA KENARE / AFP)
DUBAI, United Arab Emirates — The triggering of the United Nations snapback mechanism won’t add “new burdensome restrictions” on Iran’s oil sales, Oil Minister Mohsen Paknejad says, as Tehran and European powers struggle to reach a deal to prevent the return of UN sanctions this week.
“In the last years, we have faced such severe restrictions from the unjust and unilateral US sanctions that, in practice, [UN sanctions] won’t add much to this situation,” Paknejad says, according to the Iranian Oil Ministry’s news outlet.
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