Media: How Iranian oil companies elude sanctions

Iran succeeds in selling several hundred thousand tons of fuel every month despite western sanctions, sources tell Reuters.

Olieraffinaderi i Teheran. | Photo: Vahid Salemi/AP/POLFOTO

Every month Iran sells several hundred thousand tons of fuel, even though sanctions from the US and Europe should make it impossible to do so. But through companies based in the United Arab Emirates, the country succeeds in selling the products anyway, sources tell Reuters.

Sanctions from the US and the EU came into force in 2012 forbidding import, purchasing and transportation of Iranian petroleum products as part of efforts to pressure Tehran into halting its nuclear program. The American government has pressured its allies into cracking down on the transportation of oil products from Iran.

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