oil sales
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Russia Links INSTEX Inclusion to Iran Oil Sales
EghtesadOnline: Russia has said it may join a European Union payment system aimed at salvaging the Iran nuclear deal if the mechanism is expanded to include oil purchases.
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Iran Energy Exchange Eases Oil Sales to Foreigners
EghtesadOnline: Foreign natural entities are allowed to place an order for crude oil offered in Iran Energy Exchange (IRENEX), a move to facilitate foreigners’ participation in Iran’s energy…
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INSTEX Worthless Without Oil Import
EghtesadOnline: The European mechanism, known as the Instrument in Support of Trade Exchange (INSTEX), to shield the country’s trade from crippling US sanctions won’t be useful if it does not…
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Higher Exports Key to Countering Sanctions
EghtesadOnline: President Hassan Rouhani said Iran will work hard to maintain its oil sales and increase its non-oil exports to cushion the impact of harsh US sanctions.
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Zarif: Oil Sales Linchpin of Europe’s SPV
EghtesadOnline: Oil trade is the cornerstone of Europe’s financial mechanism to maintain business ties with Iran and the system cannot operate without covering the sale of Iranian crude, Foreign…
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Undisclosed Oil Shipments Could Help Dodge Sanctions
EghtesadOnline: Iran may resort to various ways of reducing the impact of US sanctions on its oil exports and those tactics could include secret oil shipments without trackers on tankers, bartered…
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Electricity Export Revenues Less Vulnerable to Sanctions
EghtesadOnline: Developing electricity infrastructure and boosting power export can help minimize the country's dependence on oil sales that are vulnerable to political issues.
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Iran's Rouhani hints at threat to neighbor's' exports if oil sales halted
EghtesadOnline: President Hassan Rouhani appeared on Tuesday to threaten to disrupt oil shipments from neighboring countries if Washington presses ahead with its goal of forcing all countries…