Iran shrugs off oil sanctions at OPEC meeting
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Iran's oil minister on Thursday shrugged off the tightening international squeeze on his country's oil exports, declaring that Tehran was not feeling the pinch and warning that an energy-hungry world could not do without Iranian oil and natural gas.
Rostam Ghazemi spoke to reporters as he and other OPEC ministers headed into a meeting marked by a spillover of strategic and political rivalries between Sunni Saudi Arabia and Shiite Iran, with the two countries at odds over how much oil the organization should produce. (AP)
