Iran has various channels for selling its hydrocarbons, bypassing US sanctions, and is actively using them, Iran’s President Hassan Rouhani.
Rouhani: Iran uses hydrocarbon export channels to bypass US sanctions
STEPANAKERT, JANUARY 23, ARTSAKHPRESS: According to the President, Iran has various ways to sell oil.
The enemy is trying to put pressure on Iran via two main issues of oil sales and banking ties, he noted, adding, “regarding oil issues, fortunately, we are following various routes to sell oil and we will bypass the US sanctions proudly,” Mehr news reported.
In July last year, the Iranian government announced that it would launch a mechanism to counteract US sanctions, allowing non-state companies to export oil. The initiative assumes that Iranian oil will be represented on the exchange, where the private sector will be able to buy it and then sell it to third countries.
