Iran claims to have new oil customers despite sanctions

Despite clear backtracking due to the US sanctions on Iran, Deputy Oil Minister for Trade and International Affairs Amir Hossein Zamaninia claimed an improvement in sales.

By
January 5, 2019 16:29
An Iranian gas platform

Iranian oil platform, Iran flag. (photo credit: Reuters)

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analysis from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

Iran's deputy oil minister for trade and international affairs Amir Hossein Zamaninia claimed that the number of potential oil customers for Iran increased dramatically due to "a competitive market and greed for more profits," despite US pressure, according to a PressTV report.

"China, India, Japan, South Korea and other countries that were granted waivers from America to import Iranian oil are not willing to buy even one barrel more from Iran," said Zamaninia.

However, profits have nevertheless increased "due to a competitive market, greed and pursuit of more profit."


Iranian President Hassan Rouhani says Iran plans on breaking any sanctions imposed on it by the US and involved countries.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

 India's Prime Minister Narendra Modi waves towards his supporters during a roadshow in Varanasi, In
May 27, 2019
How do we renovate holy sites? Post India's election, Modi has big plans

By YVETTE J. DEANE