Iran ready to do business with U.S. oil and gas companies: minister
Reuters
Published Oct 17, 2017 02:42PM ET
Iran ready to do business with U.S. oil and gas companies: minister
BEIRUT (Reuters) - Iran is ready to do business with U.S. oil and gas companies, oil minister Bijan Zanganeh said on Tuesday, according to SHANA, the news site of the Iranian oil ministry.
"American companies can come to Iran and benefit so Mr. Trump won't be upset," Zanganeh said, referring to U.S. President Donald Trump, according to SHANA.
"They've (the United States) put up obstacles for American companies to come to Iran," he said.
"We don't have any restrictions for working or negotiating with American companies with the intention of developing the oil and gas resources of Iran. If they want, we are ready to negotiate with them tomorrow."
Trump struck a blow against the 2015 Iran nuclear agreement last Friday in defiance of other world powers, choosing not to certify that Tehran is complying with the deal and warning he might ultimately terminate it.
Trump announced the major shift in U.S. policy in a speech in which he detailed a more aggressive approach to Iran over its nuclear and ballistic missile programs and its support for extremist groups in the Middle East.
His Iran strategy angered Tehran and put Washington at odds with other signatories of the accord - Britain, France, Germany, Russia, China and the European Union - some of which have benefited economically from renewed trade with Iran.
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.