Iran finds ways around sanctions to sell oil | GulfNews.com

To continue selling crude oil to India, Iran is accepting payment in rice, medicine, engineering supplies and steel.
To sell to China, its No. 1 customer, Iran is delivering the oil on its own tankers backed by state insurance, not on the commercial tankers used in the past.

“   That’s the idea if they can pull it off: to bring in enough of those foreign currencies or have transactions on the borders of the international financial systems.” ”

* username: rupertbu