Iran´s OilMin Zanganeh: Trump cannot bring oil prices down by 'bullying' - Reuters

According to the Iranian semi-official news agency, ILNA, Iran´s Oil Minister Bijan Zanganeh noted that the US President Trump´s comments cannot bring down oil prices.

Zanganeh said: “The oil market is suffering from short supply and this cannot be resolved by words. Trump thinks he can bring the oil prices down by bullying.”

The US sanctions on Iranian oil exports will come into effect from Nov. 4.