Iran oil minister Zanganeh speaks after Iran sanctions
He adds:
- Iran needs foreign investment, but can survive without it
- says prefers $65 per barrel for crude prices
- says Trump not honest about oil prices; he wants higher crude prices
- foreign currency income will meet what is anticipated in the budget
- Iran's average crude output seen around 4 million barrels per day in Iranian year ending March 2019
- production decline from Irene oilfields is 7 to 8% annually