Tehran UN sanctions won't have big impact on Iran oil sales

DUBAI - The triggering of the United Nations snapback mechanism won't add "new burdensome restrictions" on Iran's oil sales, Oil Minister Mohsen Paknejad said on Wednesday, as Tehran and European powers struggle to reach a deal to prevent the return of UN sanctions this week.

"In the last years, we have faced such severe restrictions from the unjust and unilateral US sanctions that, in practice, [UN sanctions] won't add much to this situation," Paknejad said according to the oil ministry's news outlet.