TEHRAN (Basirat) Iran’s former representative in OPEC warned against a sharp fluctuation of oil prices in the wake of a US plan to drive Iran's crude exports down to zero, saying a further rise in Saudi oil output could heavily impact the world market as the OPEC reserve surplus will be maxed out.

TEHRAN (Basirat): Iranian Minister of Cooperative, Labor and Welfare Ali Rabiee shrugged off the US government’s recent attempts to remove Iranian oil exports from global market and said the world cannot go without Iran’s oil.