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23-04-20
Dropping oil prices to have least impact on Iranian economy
(MENAFN) The dropping oil prices will have the least effect on the Iranian economy since Iran is not totally dependent on oil anymore, according to Iranian President Hassan Rouhani.
In the recent condition, the countries that are more dependent on oil will be effected more, but since Iran's dependence on oil has been reduced, willingly or under the U.S. sanctions, Iran's losses will surely be less, as said in a cabinet gathering on Wednesday by Rouhani.
The president said that, about the negative effects of the COVID-19 pandemic on the international economy, today the whole world is economically and administratively struggling with the pandemic.
He added, "who would have thought that such a virus could dishevel the global economy".
MENAFN2304202000450000ID1100070745
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