A conservative MP in OPEC giant Iran on Wednesday blasted the US decision to open the taps of its strategic oil reserve as a political move to boost the White House chances of US Vice President Al Gore.
”This decision by the American government is aimed at helping the Democratic candidate in the presidential elections," said Ali Hashemi-Behramani from parliament's energy committee, cited by the state news agency IRNA.
Gore, in a tight race to succeed President Bill Clinton in November's elections, in February had opposed tapping into US reserves but supported the administration's decision to do so last week.
Iranian President Mohammad Khatami is in Caracas for only the second summit in the 40-year history of the Organisation of Petroleum Exporting Countries.
Oil Minister Bijan Namdar-Zanganeh, also at the summit, said earlier Wednesday there was an excess supply on the world oil market.
Iran is the second-largest producer in the 11-member cartel behind Saudi Arabia. – (AFP)
© Agence France Presse 2000
© 2000 Mena Report (www.menareport.com)