Source Pravda.Ru

Those who cut oil prices endanger themselves, Iranian official says


Deputy Head of the Ministry for Foreign Affairs of the Islamic Republic of Iran, Hossein Amir Abdollahian, expressed his point of view about the destabilization of prices on the oil market in the world. According to him, oil prices have been falling owing to the efforts of certain market players. 

"The countries that take efforts to reduce oil prices endanger themselves," the diplomat said at a press conference, RIA Novosti reports. 

The cost of raw materials has been sliding for several months of the current year, setting new historical lows.