Oil as a weapon risky for OPEC, says Iran oil minister

Oil as a weapon risky for OPEC, says Iran oil minister
"Those who use oil as a weapon against two founding members of OPEC are disturbing the unity of OPEC and creating the death and collapse of OPEC and the responsibility for that is with them," Zanganeh said in a speech at an oil and gas conference in Tehran. Image Credit: Wikimedia
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  • Iran Islamic Rep

Use of oil as a weapon is risky. Anyone who uses oil as a weapon is creating the death and collapse of OPEC, Iran's oil minister Bijan Zanganeh said on Wednesday, according to SHANA, the news site of the oil ministry.

"Those who use oil as a weapon against two founding members of OPEC are disturbing the unity of OPEC and creating the death and collapse of OPEC and the responsibility for that is with them," Zanganeh said in a speech at an oil and gas conference in Tehran.

Anyone who uses oil as a political tool must also accept the consequences, he said.

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