Iran prepared for removal of US sanctions

Iran prepared for the possible removal of US sanctions and returning to a transaction on a nuclear program: Against this background, the country is going to increase oil exports, Bloomberg writes.

State company National Iranian Oil Co. Now it is preparing oil fields to make the Islamic Republic of returned to the market and raised the sales of raw materials. Negotiations are underway with possible clients. According to optimistic predictions, the mining level of 4 million barrels of oil per day Tehran will be able to return for about three months after the cancellation of sanctions.

In early May, it became known that the United States could agree to return to the transaction with Iran already at the next meeting in Vienna.

Prior to this, Washington’s readiness to remove some sanctions against Tehran to force Iran to return to the joint comprehensive action plan (CSPD) on its nuclear program. A spokesman for the White House Jen Psaka called the “encouraging” discussion on the fate of the Iranian nuclear transaction.

Iran’s CFD contract was concluded in the summer of 2015 between Tehran and six intermediary countries. Later, Iran was caught in gross violations of agreements. In early May 2018, the United States announced a unilateral exit from the transaction and the resumption of anti-Iranian sanctions. Iran reported a refusal to agreements on CRPD in January 2020.

/Media reports.