Iran ready for possible oil export restrictions after Trump election

DUBAI - Iran has made plans to sustain its oil production and export and is ready for possible oil restrictions from the US, Oil Minister Mohsen Paknejad said on Wednesday, according to the oil ministry's news website Shana.

In 2018, then-President Donald Trump ditched Tehran's 2015 nuclear deal with world powers and re-imposed harsh sanctions as part of his "maximum pressure" policy against Iran.

While there have been no reports that the Trump administration plans to hold talks with Tehran after it takes office in January, the President-elect said during his election campaign "I don't want to do damage to Iran but they cannot have nuclear weapons."