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Private buyers of Iran crude had no problems exporting it


Private buyers of Iranian crude have had “no problems” exporting it, Iran’s oil minister said on Wednesday, despite U.S. sanctions targeting Iran’s oil exports. 

Iran began selling crude oil to private companies for export in late October, just ahead of U.S. sanctions on sectors including oil which came into effect on Nov. 5.

“Those who bought oil on the bourse have been able to export and there have been no problems in this regard,” Zanganeh as stated.

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