US cannot stop oil export from Iran

The US cannot null oil export from the Iran, as there is no sufficient volume of alternative sources on the market to replace the share of Teheran, said Hossein Kazempur Ardebili, representative of Iran in OPEC.

"Lack of proposal will not enable the US to null export of Iranian oil. There are no sufficient volumes anywhere" he said.

As it was reported, US President Donald Trump declared withdrawal of Washington from the comprehensive plan of actions- the agreement restricting nuclear developments of Teheran in exchange for cancellation of sanctions of the UN security council and unilateral restrictive measures imposed by the US and EU.

In early July Brian Hook, director of political planning of the US state department, said the US planned to null oil revenues of Iran with energy sanctions to be imposed on November 4.