Lawmaker: US Revision Of Its Iran Oil Embargo, Sign Of Its Failure

Tehran, Dec 9, IRNA - Deputy Head of Majlis Commission on Energy Naser Sudani said on Saturday the US revision of its oil embargo against Iran is a sign of the failure of its foreign policies aimed at putting economic pressures on Iran. He told IRNA that the US administration has failed to defeat Iranian economy and consequently it is now looking for a way to get rid of such a failure. Pointing to European countries' need for Iranian crude oil, Sudani said structures of about 70 European oil refineries have been set to refine Iranian crude and therefore they have to buy Iranian oil at a higher price from third party or change the structures of their refineries./end