Sputnik | Anastasia Dmitrieva: US waivers on Iran sanctions for some oil importers or the sanctions themselves did not impact oil prices, the excessive production did, Oil Minister Mohammed Rumhi told Sputnik on the sidelines of the ADIPEC conference on Monday. "What is driving the prices down is not the waiver or the impact of sanctions upwards ...

The chief executive officer of the French multinational integrated oil and gas company Total S.A. says the removal of US-engineered sanctions against Irans energy sector will be to the benefit of its neighboring countries, including the (Persian) Gulf Cooperation Council ((P)GCC) member states. Speaking at the Abu Dhabi International Petroleum Exhibition ...