Iran’s Qalibaf: If Iran cannot sell its oil, no one can in the region
Iran's parliament speaker Mohammad Bagher Qalibaf says during the European trading session on Tuesday that no one in the region shall sell its oil if Iran cannot sell its oil, according to state media, Reuters report. Qalibaf added, “If Iran has no security, then no regional infrastructure shall be safe.”
Market reaction
A slight buying interest is observed in the WTI Oil price near its day's low at around $91.60 following remarks from Iran's parliament speaker Qalibaf.
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