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Oil Minister Dharmendra Pradhan says too early to predict sanctions impact on Iran imports

Reuters  |  ABU DHABI 

By Rania El GamalABU DHABI (Reuters) - Oil Minister Dharmendra Pradhan on Saturday expressed concern about the rise oil prices but said it was too early to predict the impact of U.S. sanctions on his country's imports of Iranian oil after Washington withdrew from the Iran nuclear deal."This kind of geopolitical (tension) affects both consuming and producing countries. We have to live with the reality of the present geopolitics," Pradhan told Reuters during a visit to the United Arab Emirates. U.S. President Donald Trump on Tuesday reneged on an international nuclear accord with Iran and ...

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First Published: Sat, May 12 2018. 20:19 IST