On Tuesday, as talks to restore the deadlocked nuclear deal resume, Iran urged that the US and its allies promise to enable Tehran to export its crude oil.
Iranian Foreign Minister Hossein Amir-Abdollahian expressed that his country is pressing its position ahead of talks on renewing the landmark 2015 nuclear deal in a conference with reporters in Tehran.
Earlier this month, the talks stalled and were delayed after a round marred by tensions over Tehran’s fresh demands, with Amir-Abdollahian stating Iran’s desired for the next round of negotiations to focus on its sanctioned oil industry.
He said that the goal is to get to a “point where Iranian oil can be sold easily and without restrictions, and the money can be deposited in Iran’s bank accounts.”
In exchange for curbs on its nuclear program as part of a historic deal with Western powers, Iran was granted sanctions relief. However, in 2018, then-US President Donald Trump pulled out of the agreement and placed sweeping sanctions on Iran, particularly on its oil sector. Oil is the lifeblood of the country’s economy.
The sanctions put the country’s economy in jeopardy, while Iran’s crude exports have plunged, and international oil corporations have canceled contracts with Tehran.
Amir-Abdollahian stated that Iran planned to “enjoy all economic concessions under the nuclear deal,” as the nuclear deal’s participants prepared to meet.