Iran’s oil industry will not succumb to sanctions imposed by the US, the oil minister said on Monday in comments carried by the ministry’s SHANA news agency. Tensions between Washington and Tehran have soared since President Donald Trump withdrew in 2018 from Iran’s nuclear accord with six powers and reimposed US sanctions that have squeezed the Islamic Republic’s economy. “Neither are we afraid of sanctions nor does it affect our work, it only strengthens our determination to serve our people,” Oil Minister Bijan Zanganeh said. As part of the Trump administration’s increasing economic pressure on Iran, Washington last month imposed sanctions on Iran’s Oil Ministry alongside other entities.
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