New Business
Wednesday, 7/1, 03:48 AM
Iran Claims It's Selling Oil at a Premium. Analysts Are Skeptical.
- A senior Iranian official says the country is now selling its crude oil at a roughly 20% premium after a U.S.
- blockade ended — and that it couldn't export a single barrel while the blockade was in force.
- Both claims are self-reported, and oil analysts say they warrant skepticism given Iran's long practice of selling at a discount.