BREAKING NEWS

Private buyers of Iran crude had no problems exporting it

By REUTERS

DECEMBER 26, 2018 10:39

DUBAI - Private buyers of Iranian crude have had "no problems" exporting it, Iran's oil minister was quoted as saying on Wednesday by state news agency IRNA, despite US sanctions targeting Iran's oil exports.

Iran began selling crude oil to private companies for export in late October, just ahead of US sanctions on sectors including oil which came into effect on Nov 5.

"Those who bought oil on the bourse have been able to export and there have been no problems in this regard," IRNA quoted Oil Minister Bijan Zanganeh as saying.

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