Iran's Parliament Speaker Mohammad Bagher Ghalibaf stated on March 3 that regional countries will not be permitted to sell oil if Iran is not allowed to do so. The remark comes amid increasingly complex negotiations over nuclear issues and oil.
According to Ghalibaf, any regional oil sales agreement must include Iran's participation, or it will be rejected. He emphasized that Iran will not accept being excluded from the oil market while neighboring countries continue to extract and export.
The statement follows reports of discussions among several regional countries aimed at increasing oil output to compensate for global market shortfalls. Iran, which holds the world's fourth-largest oil reserves, is currently under economic sanctions from the United States and Western nations that restrict its crude exports.
Ghalibaf's remarks reflect Tehran's hardline stance in defending its economic interests and asserting its role in the regional oil supply-demand balance. The move could add further pressure on international negotiations regarding Iran's nuclear program and potentially impact global oil prices.
