Iran Devises Plan to Keep Oil Trade as 2nd Wave of US Sanctions Nears – Reports



Sputnik News Staff | Sputnik News

The US wants Iran’s oil exports to drop to zero and has threatened secondary sanctions on any country that continues to buy oil from the Islamic Republic.
With the second wave of US sanctions targeting its oil exports less than a month away, Iran is looking for creative ways to get around the sanctions and keep its oil export business alive. One way of doing this is to revive the practice Tehran resorted to until 2015 when it allowed “middlemen” to buy Iranian crude through a domestic energy exchange, or “bourse” and resell it under the guise of “private business.”… [Read More Here]