Iran using all resources to sell oil in 'grey market': deputy minister

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Iran using all resources to sell oil in 'grey market': deputy minister
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Iran has mobilized all its resources to sell oil in a 'grey market', b...

FILE PHOTO: Gas flares from an oil production platform at the Soroush oil fields in the Persian Gulf, south of the capital Tehran, July 25, 2005. REUTERS/Raheb Homavandi/File Photo

The United States, which last year withdrew from a 2015 Iran nuclear deal with world powers, has told buyers of Iranian oil to stop purchases by May 1 or face sanctions. “We have mobilized all of the country’s resources and are selling oil in the ‘gray market’,” state news agency IRNA quoted Zamaninia as saying.

“We certainly won’t sell 2.5 million barrels per day as under the ,” Zamaninia said, giving no figures for current sales.

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