But a flurry of U.S. announcements over the weekend unsettled oil markets.
The announcement by Jahangiri came just a day after US President Donald Trumpsaid that Saudi Arabia had agreed to increase its oil exports to make up the difference lost to the sanctions. Tehran, however, vowed on Sunday to foil any U.S. bid to block its oil exports.
Trump told King Salman bin Abdulaziz Al Saud that the oil market could need more supply when the men spoke on Friday, the White House said.
Oil prices had risen on Friday on worries that United States sanctions against Iran would take away significant volumes of crude oil from world markets while oil demand worldwide increases.
Iran says it will find ways to export its oil, despite what he does. Despite almost reaching a deal with the Germans, French, and British, President Trump dismissed their progress and withdrew the USA from the landmark nuclear accord anyway.
Trump announced earlier this year that he would pull the USA out of the pact, which offered Tehran sanctions relief in exchange for curbing its nuclear program.
He said in the Fox interview that European companies would face sanctions if they traded with Iran now.
That is the "road map for the better deal" that the USA is seeking, he said.
Late last week, Iran's Oil Minister Bijan Zangeneh urged the Organization of Petroleum Exporting Countries (OPEC) to prevent some of its members from increasing output without arriving at a consensus.
Iran will allow private companies to export crude oil, part of a strategy to counter U.S. sanctions, and is urging fellow OPEC members, including regional rival Saudi Arabia, not to break output agreements, state media and officials said on Sunday.
"We will not hesitate to take action when we see sanctionable activity", said Brian Hook, the department's Policy Planning Director and the former lead negotiator for the USA who met with European allies for months to reach a side agreement that kept the U.S.in the Iran nuclear deal but addressed Trump's concerns with it.
The spike was the latest fallout from the Trump administration's decision to abandon the landmark Iran nuclear deal and reimpose sanctions on Iran - a move that has strained relations between the United States and other world powers that support the deal.
Last week, a senior US State Department official described tightening the noose on Tehran as "one of our top national security priorities". It's bad what they do to us, he said.
Jahangiri said: "They're begging the Saudis to raise their output so that if Iran's quota decreases nothing will happen to the markets".
Google also independently confirmed with TechCrunch that the problem is real, but didn't offer any kind of explanation as to why. Update: Google has a fix ready, and has promised to automatically deploy it within six hours (as of roughly 6PM Eastern).
In 2012, a jury awarded more than $ 1 billion in damages to Apple but of course there was a subsequent retrial. The court battle began in 2011 when a us court ruled that Samsung had violated Apple's design patents.
Andrés Guardado is a name and a face many might know for his existence in European football over the last few years. Germany have yet to confirm whether Joachim Low - who has a contract to 2022 - will continue as coach.
During one of Oklahoma City's trips to Los Angeles, Westbrook was asked if he felt that the season was a sales pitch to George. There had been much speculation leading up to the decision that George had been leaning toward re-signing with the Thunder.
The toy store chain announced in March they would be closing down and the few remaining stores are closing for good this week. What we found was a manager who didn't want us filming, no Geoffrey, and a pretty good sale on a small selection of toys.
The semifinal would seem like a decent upgrade on the quarterfinals of the last World Cup and Euros and so far they started well. De Bruyne advanced the ball with a lovely push, making a ideal lead pass to Jan Vertonghen with room to run.
It is possible a combination of Harden, James and Paul could win a title, but the chances of it happening seem very slim. James apparently told the Cleveland Cavaliers he will not exercise his 2018-19 player option of receiving $35.6 million.
In all, Capitol police arrested at least 575 women for the misdemeanor offense of unlawfully demonstrating in the Capitol. The protesters were women who oppose the president and, in particular, his calls for a stricter immigration policy.
Gunman kills five, injures two at USA newspaper
A judge ordered Jarrod Ramos , 38, from Laurel, 40 km west of Annapolis , held without bond on five counts of first degree murder. He forwarded a letter to her employer, basically stating that she was bipolar and a drunkard which is ridiculous".
Calls grow to abolish USA immigration agency
Families being separated, children in cages", said Emilia Ramos, a cleaner in the district, fighting tears at the rally. Schwab said the interruption was "shocking", and "it just seemed like two thugs coming to the door and threatening me".
South Korean KO - Dark day for defending champions
Two minutes into stoppage time, South Korea's Kim Young-gwon opened the scoring after German players failed to clear the ball. Meanwhile, Sweden finished top of Group F on goal difference after the win against Mexico , with both teams on six points.
What happens if Roe v. Wade is overturned
Democrats Joe Manchin of West Virginia and Heidi Heitkamp of North Dakota also talked to Trump. Wade", Toobin said. "I love that issue if they're going to actually do that".
How Uruguay can get the best of Portugal
They soon followed it up with another 1-0 victory over a determined Saudi Arabian side with help of a Luis Suarez goal. Oddsmakers have installed Group B runner-up Portugal as the slightest of favorites over Group A victor Uruguay .
Brussels Hosts EU 'Mini-Summit' On Migration
Merkel, however, has acknowledged that "no solution will be reached" on the overall migration issue at either summit. The meeting was called last week to clear the air before a scheduled full summit on Thursday and Friday.