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macroJun 21, 2026, 6:41 AM

Iran Oil Minister Says Industry Key Test for US Peace Deal

Iran's Oil Minister Mohsen Paknejad stated that the country's oil sector will serve as a critical testing ground for any final peace agreement with the US, provided Western parties remain committed to the deal's spirit.

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Iran's Oil Minister Mohsen Paknejad told state media on Sunday that the nation's oil industry will be a key testing ground for any final peace agreement with the United States, if Western parties remain committed to its spirit.

The remark underscores the strategic importance of Iran's oil exports in potential negotiations. The minister's comments come amid ongoing diplomatic efforts to address Iran's nuclear program and regional tensions.

No further details on the timeline or specific terms of a possible agreement were provided by Paknejad.

Source: First Squawk