Iran’s oil minister says the oil sector has faced issues since the US blockade, but prepared countermeasures are still being implemented, state TV reports

This statement from Iran's oil minister underscores ongoing challenges posed by U.S. sanctions, which likely maintain upward pressure on oil prices if production is affected. The mention of 'prepared countermeasures' indicates Iran's attempt to stabilize or even boost its oil output, but investors will be watching for effectiveness and any potential disruptions in the broader market.