Iranian prez seeks international resistance to US oil, gas sanctions

Iranian President Ebrahim Raisi has urged the international community to resist US unilateral "cruel sanctions" against other countries' oil and gas industry.

Topics
US-Iran tensions | Iran | US sanctions

IANS  |  Tehran 

Ebrahim Raisi. (Photo: Bloomberg)
Ebrahim Raisi. (Photo: Bloomberg)

Iranian President Ebrahim Raisi has urged the international community to resist US unilateral "cruel sanctions" against other countries' industry, according to the Iranian presidency's website.

Speaking at the sixth summit of the 11-member Gas Exporting Countries Forum (GECF) in Doha, Raisi on Tuesday said imposing hegemonic will and demands on other independent states through sanctions cannot be an effective strategy in today's world, as it jeopardizes the collective interests of the GECF members.

Iran, as one of the world's biggest holders of natural gas reserves, has considerable capacities for the production, transfer and export of the hydrocarbon products and seeks to play a greater role in ensuring global energy security by expanding bilateral and multilateral cooperation with neighbours and other countries, he said.

Iran's regional strategy is based on increasing gas production and exports and providing regional nations with maximum access to clean fuel, the Iranian President added.

He urged the international community to support multilateral initiatives aimed at ensuring the security of sustainable energy supply and protecting the environment, Xinhua news agency reported.

Raisi arrived in Qatar on Monday to meet with the Qatari Emir and take part in the GECF summit.

--IANS

int/khz/

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Read our full coverage on US-Iran tensions
First Published: Wed, February 23 2022. 08:44 IST
RECOMMENDED FOR YOU