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Iran is Selling its Oil
By Micah Halpern

Thursday December 27, 2018

I've Been Thinking:

Iran released a report making it public that they are having no difficulty selling their crude oil.

Since the United States snapped sanctions back on Iran, we have all been wondering how Iran would manage. Now we know.

Here's how they're doing it.

Private contractors - even some Jewish contractors, are supplying the world with Iranian crude oil. According to the report 3 million barrels of oil could be sold every day on the open market.

Oil is fungible. It is the most fungible item in the world. Once it is no longer underground and it is in the market, it is impossible to track.

And that's how they Iranians are doing it.

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27 December 2018 11:42 PM in Thoughts

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