Iran's oil minister said imposing unilateral sanctions on crude producers would destabilise energy markets, the ministry's SHANA news outlet reported on Wednesday, after U.S. President Donald Trump said he would seek to drive Tehran's oil exports to zero.

Iran's Oil Minister warns that unilateral US sanctions on Iran are destabilizing global oil markets and urges OPEC to depoliticize the oil market.

Rising U.S. stockpiles and trade tensions pressure crude prices, but Iran sanctions could tighten supply. What’s next for the market? Get insights here.

Iran's President Masoud Pezeshkian urged OPEC members to unite against possible U.S. sanctions, after U.S. President Donald Trump said he would seek to drive Tehran's oil exports to zero. "I believe that if OPEC members are united and work together,