Iranian First Vice-President Eshaq Jahangiri highlighted the country’s success in countering the US sanctions and said the Islamic Republic is selling its oil despite the embargoes on the oil sector.
Iran’s ambassador to the UK has said that his country’s decision to deliver oil to a private company in Syria by Adrian Darya-1 supertanker was in no contrast to an agreement to not sell the cargo to a country under European Union sanctions.
Professor Hossein Askari, an expert on Saudi Arabia who also teaches international business at the George Washington University, believes that “I think the UAE is talking to Iran because it wants to withdraw from the Yemen debacle and slowly reduce its collaboration with MBS.”
A former Foreign Ministry spokesman believes that the United States is not capable of forcing Iranian oil exports to zero.
Oil exports from Iran have increased significantly in March to once again reach to near pre-sanctions level, S&P Global Platts reported citing shipping and provisional tanker tracking data.
Iranian crude oil and condensate exports averaged 2.2 million barrels per day (bpd) in the first two weeks of October, an increase of 195,618 bpd over the full month of September, Kallanish Energy reports. According to data released by online monitoring service TankerTrackers.com, the volume is based on the first 13 days of the month, […]