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Oil minister says Iran capable of resolving global fuel ‘crisis’

Iran’s oil minister said if sanctions targeting his country’s lifeline crude are lifted, the Islamic Republic will have every capability to tackle the world’s energy supply shortages.
"Out of Use" signs are displayed on the fuel pumps at a filling station in Baker Street, central London, on Oct. 2, 2021.

“Iran is ready to resolve the ongoing fuel crisis in the world and make up for the shortages,” declared Iranian Oil Minister Javad Owji. To that end, he said, the United States ought to lift onerous sanctions that have targeted the Islamic Republic’s vital oil industry.

Owji made the comments following a virtual meeting of OPEC. His statement referenced fuel shortages, which have hit the United Kingdom particularly hard in recent weeks amid soaring prices and long queues at petrol stations across the country.

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