Oil minister: Private buyers of Iran crude have no problems exporting it

Private buyers of Iranian crude have had “no problems” exporting it, says Iran’s oil minister despite US sanctions targeting Iran’s oil exports as reported by Reuters. 

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 5 November.

“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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