Iran states its oil sales will not be affected despite UN sanctions

(MENAFN) Iran stated on Wednesday that its oil exports will not be restricted even if UN sanctions are reinstated under the so-called snapback mechanism.

Petroleum Minister Mohsen Paknejad explained that the snapback process “doesn’t directly discuss oil sales, but rather issues in other areas such as commercial, financial, sales, and sea transportation.”

“Oil sales continue, and we have no problem,” the state news agency IRNA quoted him as saying during the UN General Assembly in New York.

Paknejad added, “It is natural that if we encounter a situation that requires taking measures, the necessary planning will be made.”

European parties to the 2015 nuclear deal—the UK, France, and Germany—activated the snapback provision under UN Security Council Resolution 2231 on August 28, following Iran’s suspension of cooperation with the UN nuclear watchdog, which Tehran claims has shown bias.

Iran condemned the European action as both legally unfounded and politically motivated.

Tensions over Iran’s nuclear program escalated after Israel conducted a surprise attack on Tehran on June 13, targeting military, nuclear, and civilian sites as well as senior commanders and nuclear scientists. In response, Tehran launched missile and drone strikes, while the US targeted three Iranian nuclear facilities. The 12-day conflict ended under a US-brokered ceasefire that came into effect on June 24.

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