Paknejad said depoliticizing the oil market is important for energy security, especially for the oil market and its stakeholders.
He argued that imposing unilateral sanctions on major oil producers and putting pressure on OPEC directly undermines the stability of the oil and energy markets and ultimately hurts consumers worldwide. .
During the meeting, Paknejad highlighted the historical role of OPEC+ member states in ensuring market stability and supporting global economic growth.
He praised international organizations for promoting solidarity among OPEC+ producers and promoting constructive engagement with energy consumers around the world.
The Minister notes that the OPEC and non-OPEC cooperation framework, built on the basis of fundamental principles, has created a model of sustainable and stable relationships between member states, and is important to continue this joint approach. I emphasized sex. The cooperation has helped support and maintain long-term stability in the global oil market, he said.
Paknejad, who chairs the OPEC conference in 2025, reiterated that depoliticizing the oil market is essential for energy security. He warned that unilateral sanctions and pressure on OPEC will destabilize oil and energy markets and hurt consumers around the world.
The Minister also pointed out the challenges facing the global oil industry, particularly the need for investment in upstream and downstream sectors to ensure energy security in both supply and demand.
Paknejad is a key energy consumer on market stability and supply security to political decisions aimed at putting pressure on OPEC+ and imposing regulatory restrictions on new investments in the upstream sector of the oil industry concerns were raised among the
As one of the founding members of OPEC, Iran is still committed to helping organizations make decisions to achieve sustainable market stability, Paknejad said.
In his role as OPEC Conference Chairman in 2025, he pledged to strengthen unity among member states and strengthen cooperation with non-OPEC allies to benefit the interests of oil producers.
MNA/Shana