Iran has no intention of withdrawing from OPEC

Iranian Oil Minister Bijan Zanganeh stated in an interview released by news site ICANA on Saturday that Iran was not planning to abandon the Organisation of the Petroleum Exporting Countries (OPEC).

"Iran has no plans to leave OPEC…and regrets that some members of OPEC have turned this organisation into a political forum for confronting two founding members of OPEC, meaning Iran and Venezuela", Sputnik reported citing Zanganeh as saying.