Iran ready to do business with U.S. oil and gas companies: minister

BEIRUT (Reuters) – Iran is ready to do business with U.S. oil and gas companies, oil minister Bijan Zanganeh said on Tuesday, according to SHANA, the news site of the Iranian oil ministry.

“American companies can come to Iran and benefit so Mr. Trump won’t be upset,” Zanganeh said, referring to U.S. President Donald Trump, according to SHANA.

“They’ve (the United States) put up obstacles for American companies to come to Iran,” he said.

“We don’t have any restrictions for working or negotiating with American companies with the intention of developing the oil and gas resources of Iran. If they want, we are ready to negotiate with them tomorrow.”

Trump struck a blow against the 2015 Iran nuclear agreement last Friday in defiance of other world powers, choosing not to certify that Tehran is complying with the deal and warning he might ultimately terminate it.

Trump announced the major shift in U.S. policy in a speech in which he detailed a more aggressive approach to Iran over its nuclear and ballistic missile programs and its support for extremist groups in the Middle East.

His Iran strategy angered Tehran and put Washington at odds with other signatories of the accord – Britain, France, Germany, Russia, China and the European Union – some of which have benefited economically from renewed trade with Iran.

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