Iran has signed agreements to sell four million barrels of oil through private companies, an official was quoted as saying on Saturday, in an attempt to avoid Western embargoes.
European Union and U.S. sanctions aimed at stopping Iran's nuclear programme ban all imports of Iranian oil and apply to state-run and private firms, yet Iranian officials say private sellers can sidestep those measures.
The Western measures have dented Iran's oil exports. European Union sanctions also prevent Europe's marine insurance sector, which dominates the industry, from insuring tankers carrying Iranian oil.
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