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Robert Beglarian:

Oil sanctions against Iran to harm global energy market

Service : Politic
Tehran, July 15, (ICANA) – Member of the parliament's Energy Commission Robert Beglarian says that the Iranian parliament is studying ways of bypassing the oil sanctions against the country, adding that the oil ban against Tehran will inflict huge losses on the entire world energy market.
Sunday, July 15, 2012 4:20:24 PM
Oil sanctions against Iran to harm global energy market

"The whole international economic system will be severely damaged by the oil sanctions against Iran," Beglarian on Sunday.

"Energy is so important in the world that the whole world's economic system will be harmed by such sanctions and if Europeans continue the (present) trend (of embargos), Iran's oil will definitely find its way to alternative markets," he added.

Reminding Iran's special geographic position in the region and the world and its closeness to the consuming nations, he said that Tehran can sell its oil at lower costs compared with the farther suppliers and can gain more money by swapping oil supplies and other measures.

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