farsnews

TEHRAN - Chairman of Iranian Economic Commission Mohammad Reza Pour Ebrahimi lashed out at European states for their failure to insert in their proposed INSTEX to facilitate Iran's oil revenues transactions... ..

europe lays the groundwork for trade war

That’s why it created instex. If instex fails, Iran loses out, but it’s not much of a setback for the EU. ... For now, instex is a small project. It doesn’t include oil, Iran’s most important export, though it may be expanded later. ..

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