Iran market seeks stability

Tehran supports moves like the Doha conference which are aimed at tackling the consistent market volatility

Oil minister said certain oil-producing countries opposed lifting of sanctions on Iran right from the beginning and for this reason they tried to keep oil prices as low as possible in a push to bother Iran's economy.

By joining the oil freeze plan, Iran would implicitly accede to the sanctions after years of hard work and resistance for having them lifted .

If Iran kept its crude oil output at January levels, it would mean the sanctions were never lifted and exports would need to stay at the time the country was targeted by international restrictions.

the Doha meeting is a beginning for cooperation between OPEC and non-OPEC crude oil producers and would hopefully lead to market stability, As before, Iran will attempt to play its part in bringing stability back to the crude oil market.

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