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Last Update: 3 Hour and 42 Minute ago
News code: 26733
Published Date: Saturday 5 January 2019 - 16:55:04
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Iran finds new oil customers despite US sanctions

Iran finds new oil customers despite US sanctions
IRAN  - Iran’s deputy oil minister for trade and international affairs says despite US pressure, the number of potential oil customers of the Iranian oil has increased significantly due to "a competitive market and greed of more profits," Press TV reported.

Amir Hossein Zamaninia said all countries which were granted a waiver from the US to purchase Iranian oil imports are complying with the US sanctions.

"China, India, Japan, South Korea and other countries that were granted waivers from America to import Iranian oil are not willing to buy even one barrel more from Iran," he said.

The US also granted the exemptions to Italy, Greece, Taiwan and Turkey.

Zamaninia then elaborated on the oil industry situation after the US unilateral withdrawal from the Iran nuclear deal last year and said Iran's Oil Ministry has mobilized all its forces to cope with the sanctions.

"Selling oil is at top of our priority list and we are seeking to hold our oil market set up with hard efforts after the nuclear deal," he added.

US President Donald Trump announced in May that Washington was pulling out of the nuclear agreement, officially known as the Joint Comprehensive Plan of Action (JCPOA), which lifted nuclear-related sanctions against Tehran in exchange for restrictions on Tehran's nuclear program.

 

News Code: 26733
Published Date: Saturday 5 January 2019 - 16:55:04
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