PANDIT JI CRUDE OIL NEWS FORECAST::

Reducing Iran’s oil exports to zero is a ‘political bluff’ by U.S.:

A claim by the United States to reduce Iran’s oil exports to zero is a “political bluff” the head of the state-run National Iranian Oil Company (NIOC), Ali Kardor, was quoted as saying by the Tasnim news agency on Wednesday.

U.S. officials have said they aim to reduce Iran’s oil exports to zero in an effort to force its leaders to change their behavior in the region. U.S. sanctions on Iranian oil exports are due to kick in on Nov. 4.

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