Energy
0

Oil Sales, Receipts Depend on Talks With Europe

Oil Sales, Receipts Depend on Talks With Europe
Oil Sales, Receipts Depend on Talks With Europe

Continuing Iran's oil sales to Europe and solving barriers facing the receipt of oil money depend on the country’s negotiations with European states on its nuclear deal, dubbed the Joint Comprehensive Plan of Action, the rapporteur of Majlis Energy Commission said. “The United States aims to put economic pressure on Iran by reducing Iran’s oil sale revenues,” ISNA also quoted Asadollah Qarebaghi as saying on Friday on the effects of US President Donald Trump’s decision on May 8 on Iran, based on which the country wants to abandon JCPOA and reinstate sanctions that were in force before the international accord’s implementation more than two years ago.  
Qarebaghi added that Americans may take measures such as buying companies and refineries to block the way of Iran’s oil to its customers.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com