FGE NeXanteca said that after the US imposed a maritime blockade, Iran's oil exports have been reduced to a level close to zero, but the possibility that the US and Iran will reach a peace agreement in the short term is still very low. FGE Honorary Chairman Fereidun Fesharaki said in an interview with Bloomberg TV's Haslinda Amin that the Republican Party lost fiercely in the midterm elections, and Tehran would think that US President Donald Trump has become weaker politically. He said that Iran is now making demands that the White House cannot accept. “Not only are we far from a solution, the situation is even worse than before the MOU was signed in June,” Fesharaki said. He was referring to an agreement that temporarily resumed navigation in the Strait of Hormuz. He also said that since Trump and Israeli Prime Minister Binyamin Netanyahu have limited time to act, there is a high possibility that they will launch another attack on Iran.

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