Iran’s oil minister has played down the impact of EU oil sanctions that came into effect on Sunday, saying the regime was not concerned about the loss of customers for its crude.
“Iran has many friends across the world and is not concerned about the sale of its oil at all,” said Rostam Ghasemi on Sunday according to the semi-official ISNA news agency.
Mr Ghasemi said sanctions had had no impact on Iran so far, and would not have after the new ban, which prevents EU countries from purchasing Iranian oil or insuring tankers that are shipping it.
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