Private buyers of Iran crude had no problems exporting it: oil minister

[December 26, 2018]  DUBAI (Reuters) - Private buyers of Iranian crude have had "no problems" exporting it, Iran's oil minister was quoted as saying on Wednesday by state news agency IRNA, despite U.S. sanctions targeting Iran's oil exports.

 Iran's Oil Minister Bijan Zanganeh arrives for an OPEC meeting in Vienna, Austria, June 22, 2018. REUTERS/Heinz-Peter Bader

Iran began selling crude oil to private companies for export in late October, just ahead of U.S. sanctions on sectors including oil which came into effect on Nov. 5.

"Those who bought oil on the bourse have been able to export and there have been no problems in this regard," IRNA quoted Oil Minister Bijan Zanganeh as saying.

(Reporting by Dubai newsroom; Editing by Robin Pomeroy)

[© 2018 Thomson Reuters. All rights reserved.]

Copyright 2018 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.  Thompson Reuters is solely responsible for this content.