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Iran bypasses US sanctions with ‘record amounts’ of oil sales to China to restart trade

Iran moved 'record amounts' of crude oil to China says reporter

Tensions between the US and have soured over recent weeks with leaders in Tehran lashing out at Israel amid attempts by President Joe Biden to revive the 2015 Iranian Nuclear deal. Sanctions have been levied against the Iranian government in response to the regimes enrichment of uranium. Now an Asian Media outlet has reported that Tehran has managed to circumvent a ban on oil sales by selling to China. 

A WION network news reporter, based in India, told the programme that Iran was “reaching out” to Asian clients.

Quoting a report from Reuters, the news anchor said: “Iran quietly moved record amounts of crude oil to China.

“Sources in the report mention that ever since Biden took office, the national Iranian oil company has started reaching out to customers across Asia.

“Mostly assess the potential demand for it’s crude since 2018 sanctions have caused a drop in Iranian exports to China, India, Japan and South Korea.

It comes as US President Joe Biden refused to offer upfront sanctions relief to Iran.

Mr Biden is seeking to revive and broaden the 2015 agreement which limited Iran’s nuclear program – which Donald Trump previously abandoned.

President Biden hopes to put greater limits on Iran’s nuclear program, its missile development and constrain its regional activities.

The US State Department has called on Iran to cease its terror operations.

Joe Biden would accept Iran conflict as 'last resort' says expert

But Tehran has shown no signs of ending its operations in Yemen, Syria, Lebanon, and other Middle Eastern areas.

Iran has continued to support strikes on US personnel stationed in Iraq.

Washington launched its own air strikes on Iran-backed fighters in Syria last month in response to a rocket attack on a base hosting US troops in Erbil, Iraq, on February 15.

The attack in Iraq killed a non-US contractor and wounded American contractors and a US service member.

US defence officials told Reuters that Mr Biden had approved the most limited option for an attack.

They claimed the President aimed to send a warning to Tehran that Washington would not accept US citizens to be injured or killed but did not want military escalation.

According to Reuters, Clement Therme, an Iran expert at the European University Institute, said Mr Biden avoided prompting domestic opposition but that it could not last forever.

He said: “They are deft in the sense that they aren’t going to extinguish their political capital just after the elections to extend a hand to an Iranian Government that’s been despised in the US for the last 30 years.”

Source:

www.express.co.uk

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