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June 20
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The US is still striving to cut to maximum the export of Iranian oil, said U.S. special envoy for Iran Brian Hook.

According to him, Washington does not expect restored oil sanctions against Tehran to have a negative impact on a market that is well-supplied and balanced, Reuters reported.

Hook highlighted the importance of Iran’s deterrence program on ballistic missiles. Europe’s efforts to create a special financial instrument for trade with Tehran will not find demand in this case, since more than 100 foreign firms have indicated that they will leave the country.

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