US-EU Conflict to Benefit Iran

US-EU Conflict to Benefit IranUS-EU Conflict to Benefit Iran

Iran's oil sector can retain its old customers in spite of US sanctions that will take effect on Nov. 4, a senior energy analyst said.
“Some countries in Europe are traditional consumers of Iranian crude and the European Union intends to support Iran in the Joint Comprehensive Plan of Action,” Seyyed Mehdi Hosseini was also quoted as saying by ISNA.
In July 2015, the P5+1 group of countries—the US, Britain, France, China and Russia, plus Germany—signed JCPOA with Iran. Nonetheless, on May 8, Trump announced that the US was withdrawing.


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