Iran Petroleum Minister: U.S. 'Maximum Pressure' Policy Has Failed

Iran Petroleum Minister: U.S. 'Maximum Pressure' Policy Has Failed
(Sunday, February 9, 2025) 16:22

TEHRAN (NIPNA) – Iran’s Petroleum Minister Mohsen Paknejad has dismissed the United States' "maximum pressure" campaign as a failed strategy, emphasizing that Washington’s ambition to halt Iran’s oil exports entirely is an unattainable goal.

Reacting to a recent executive order signed by former U.S. President Donald Trump aimed at reducing Iran’s oil exports to zero, Paknejad said, “This is nothing but a dream for them, and they will never achieve it.”

He criticized the policy as ineffective and reiterated that similar strategies had been tried before without success. “This so-called maximum pressure approach has been tested and failed in the past. Repeating it will lead to the same result: failure,” he stated.

Paknejad commended the resilience of Iran’s oil sector, underscoring the preparedness of industry specialists to navigate any challenges. “Our expert workforce, from production to export operations, is equipped to implement complex and effective measures in response to any constraints. The more restrictions imposed on us, the more innovative our responses will become,” he noted.

During a visit to the Parchin Gas Compressor Station on Saturday, Paknejad reflected on the achievements of Iran's oil industry following the 1979 Islamic Revolution. “When foreign companies exited the oil industry, they didn’t believe our workforce could independently manage this complex sector. Today, however, we have achieved self-sufficiency across upstream and downstream operations,” he said.

Paknejad highlighted the industry’s significant progress in localizing equipment production and developing oil and gas fields, adding that much of the sector is now managed domestically.

The remarks underscore Iran’s strategy to counter external pressures through innovation, self-reliance, and strengthening domestic capacities, reaffirming the nation’s resilience in the face of ongoing economic challenges.

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