Iran to overcome oil price fall plots

Iran will successfully overcome the oil price fall, Iranian president Hassan Rouhani said, the Islamic Republic state IRINN TV reported Dec. 24.

Rouhani said that however the oil price has fallen as a result of global economic conditions and political plot by certain countries, the Islamic Republic will pass the crisis.

He also forecasted that the current fall trend is not permanent and will be changed.

The Islamic Republic officials have on numerous occasions argued that the oil price fall is a political issue rather than economical.