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Iran Vows To Thwart US Sanctions By Allowing Private Sector To Export Oil

JUL 2, 2018 (BE2C2): Iran will allow private companies to export crude oil, part of a strategy to counter US sanctions, and is urging fellow OPEC members, including regional rival Saudi Arabia, not to break output agreements, state media and officials said on Sunday. Iran is looking at ways to keep exporting oil as well as other measures to counter sanctions after the United States told allies to cut all imports of Iranian oil from November — America’s defense and strategic partner India was told last week by its AmbassadorRead More