December 5, 2018 / 11:07 PM / 7 days ago

Iran says looking for exemption from any oil output cuts

FILE PHOTO: Gas flares from an oil production platform at the Soroush oilfields in the Persian Gulf, south of the Iranian capital Tehran, July 25, 2005. REUTERS/Raheb Homavandi/File Photo

VIENNA (Reuters) - Iran is looking to be exempted from any OPEC oil output cuts because of U.S. sanctions, Iranian Oil Minister Bijan Zanganeh told reporters ahead of Thursday’s OPEC meeting.

“We should be excluded from any decision about the level of production in the future till the lifting of the imposed illegal sanctions,” Zanganeh told reporters upon arriving in Vienna.

Reporting by Shadia Nasralla and Ahmad Ghaddar; Editing by Dale Hudson

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