Khamenei described the country’s oil production techniques as antiquated during a meeting with cabinet members on Sunday.
The Iranian oil industry continues to struggle under severe Western sanctions reinstated after the United States withdrew from the 2015 nuclear deal.
Khamenei emphasised the urgent need for greater dynamism in oil exports and market diversification beyond current reliance on China.
International relations have further deteriorated following European powers triggering the nuclear deal’s snapback mechanism last month.
Tehran suspended cooperation with the UN nuclear watchdog after military conflicts with Israel resulted in strikes on Iranian nuclear facilities.
Foreign Minister Abbas Araghchi maintained in a published op-ed that Iran remains open to diplomatic solutions despite current challenges.
“There is still time -- and a dire need -- for an honest conversation,“ he wrote in The Guardian on Sunday. – AFP
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