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U.S. making a mistake politicizing oil - Iran oil minister

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By Reuters
U.S. making a mistake politicizing oil - Iran oil minister
FILE PHOTO: Iran's Oil Minister Bijan Zanganeh talks to journalists at the beginning of an OPEC meeting in Vienna, Austria December 6, 2018. REUTERS/Leonhard Foeger/File Photo/File Photo   -   Copyright  Leonhard Foeger(Reuters)

GENEVA (Reuters) – The United States has made a bad mistake by politicizing oil and using it as a weapon, Iran’s Oil Minister Bijan Zanganeh said in a parliamentary session on Tuesday, the Islamic Republic News Agency (IRNA) reported.

The United States will not achieve its dream of cutting Iran oil exports to zero, he said.

Oil prices on Tuesday hit their highest level since November after Washington announced all waivers on imports of sanctions-hit Iranian oil would end next week, pressuring importers to stop buying from Tehran and further tightening global supply.

(Reporting by Babak Dehghanpisheh; editing by Jason Neely)