Tehran 0
7 December 2018

Oil Minister Bijan Zanganeh remarked that "as long as the U.S. unilateral sanctions on our country do not end, we will not join any agreements to cut crude production even by a single barrel". Iran was reportedly spared from a 1.2 million barrel per day cut agreed to by OPEC and non-OPEC producers. President Rouhani subsequently asserted that "despite the Americans' efforts to interfere in OPEC affairs... their plots were foiled, marking another failure for them". 

Subscribe to Crisis Group’s Email Updates

Receive the best source of conflict analysis right in your inbox.