Oil Price Falls Not to Continue Long

(FNA)- Supreme Leader's Senior Advisor Ali Akbar Velayati underlined Iran's preparedness to confront the oil plots hatched by enemies, and said the crude price falls will not continue in the long run.

"Iran has the (needed) experience to confront the oil plots and doesn’t withdraw from its principled goals for the sake of economic plots," Velayati told FNA on Sunday.

He stressed that the oil price falls will not continue in the long run.

"If they want to decrease oil prices by political pressures, this will be like a pressure exerted on spring and when they stop the pressure, the spring will jump back; thus, this will not continue for a long time," Velayati said.

In relevant remarks last month, Iranian Government Spokesman Mohammad Baqer Nobakht underscored that the country was ready to defuse the possible impacts of the fall in crude prices over the Iranian economy, ensuring that the government could manage the country even with lower oil revenues.

"The oil market is a completely political and fluctuating market and the pressure exerted on us falls on those Arab states which increase production and give special discounts to lower the oil prices too, and they will also sustain losses as well," Nobakht told reporters in Tehran.

"They think that they can pressure Iran by continuing such conditions, but just the same way that we are now acting exactly on the basis of the budget planning despite the decreased (oil) prices in the current year, we will move on the same course in future as well," he added.

Also in December, Secretary of Iran's Supreme National Security Council (SNSC) Ali Shamkhani warned that the decrease in oil prices in recent months was the result of a plot hatched by certain countries.

The fall of oil prices is a manufactured and political plot, he said.

"The reduction in crude oil prices is not an economic issue, rather a political plot and planning by certain countries," Shamkhani added.

President Hassan Rouhani also stated last month that the sudden decrease in oil prices in recent months was a plot hatched by the enemies against the regional people and Muslims.

"The fall of crude prices is not merely an economic issue, rather it is the result of certain states' political plot and planning," Rouhani said, addressing a cabinet meeting in Tehran.

"The decrease in oil price is a plot against the regional people and Muslims which merely serves the interests of some other countries," he added.

Stressing that the regional people would not forget these plots and betrayals against the Muslim world, Rouhani said, "Certainly, people will react to such schemes and the countries which have hatched this plot should know that they have just increased the Muslim world's hatred for themselves."