Bypassing US Sanctions. Russia to Refine Iranian Oil for Export

US harshness toward Iran since its 1979 revolution achieved nothing. The Trump regime’s aim to crush its economy, mainly by blocking its oil sales, failed before implementation in early November.

On Sunday, said Iran has ways around Trump regime sanctions, including by having “private local entities buy (its) crude and then resell it to foreign traders.”

According to FGE Energy’s Middle East managing director Iman Nasseri, Iran can work with “private middle-m(en) to…find buyers and arrange for logistics that could possibly be invisible to the monitoring systems” – payment for deliveries to be mostly in foreign currencies.

It’s unclear how much oil Iran can sell this way, likely over a million barrels daily.

Separately, China and other large oil consuming nations intend buying Iranian despite US sanctions.

In late September, Iran’s OPEC governor Hossein Kazempour Ardebili said the

“(m)arket is still open for us, and we are currently exporting oil. And we expect to go on exporting.”

Ahead of Trump regime sanctions next month to trying blocking all Iranian oil exports, Moscow, Tehran, and Ankara reportedly agreed to counter what’s imposed by transporting Iranian crude to Russian Caspian Sea refineries for sale in world markets as Russian oil, the Islamic Republic to be reimbursed for the sales.

Putin, Turkey’s Erdogan, and Iran’s Rouhani reportedly agreed on the secret agreement aimed at circumventing US sanctions.

Brussels also agreed to continue buying Iranian oil, perhaps by bartering it for European goods directly or through Russia – Asian importers reportedly intending to do something similar.

Last month, President Rouhani said “(w)e will continue by all means to both produce and export” oil. It’s “in the frontline of confrontation and resistance.”

The Trump regime “is not capable of bringing our oil exports to zero.” Russia, China, Britain, France and German vowed to save the JCPOA and continue normal relations with Iran despite Trump’s pullout.

On Sunday, Iran’s First Vice President Es’haq Jahangiri said Iran was selling its oil at above $80 per barrel, adding that the country would be economically safe” despite US sanctions.

It’s finding ways to circumvent them. “It is not strange that countries that are sanctioned find ways to dodge the sanctions.”

“The Americans should know that a country which is sanctioned would still be able to find solutions to move forward.”

“They cannot do this because various mechanisms have been discovered to maintain Iran’s oil exports.”

Iran has been partially circumventing US sanctions for decades. Nations announcing a halt to Iranian oil purchases are seeking ways to continue them through intermediaries, Jahangiri explained.

Some Iranian sales will be lost, most likely to continue. Trump’s scheme to block them altogether most likely will fail.


Note to readers: please click the share buttons above. Forward this article to your email lists. Crosspost on your blog site, internet forums. etc.

Award-winning author Stephen Lendman lives in Chicago. He can be reached at [email protected]He is a Research Associate of the Centre for Research on Globalization (CRG)

His new book as editor and contributor is titled “Flashpoint in Ukraine: US Drive for Hegemony Risks WW III.”

Visit his blog site at

Comment on Global Research Articles on our Facebook page

Become a Member of Global Research

Articles by: Stephen Lendman

About the author:

Stephen Lendman lives in Chicago. He can be reached at [email protected] His new book as editor and contributor is titled "Flashpoint in Ukraine: US Drive for Hegemony Risks WW III." Visit his blog site at Listen to cutting-edge discussions with distinguished guests on the Progressive Radio News Hour on the Progressive Radio Network. It airs three times weekly: live on Sundays at 1PM Central time plus two prerecorded archived programs.

Disclaimer: The contents of this article are of sole responsibility of the author(s). The Centre for Research on Globalization will not be responsible for any inaccurate or incorrect statement in this article. The Centre of Research on Globalization grants permission to cross-post Global Research articles on community internet sites as long the source and copyright are acknowledged together with a hyperlink to the original Global Research article. For publication of Global Research articles in print or other forms including commercial internet sites, contact: [email protected] contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available to our readers under the provisions of "fair use" in an effort to advance a better understanding of political, economic and social issues. The material on this site is distributed without profit to those who have expressed a prior interest in receiving it for research and educational purposes. If you wish to use copyrighted material for purposes other than "fair use" you must request permission from the copyright owner.

For media inquiries: [email protected]