This picture shows ships sailing near the Strait of Hormuz off the eastern coast of the United Arab Emirates at Khor Fakkan on July 13, 2026. The United States is "taking over" the Strait of Hormuz and will be paid for protecting it, US President Donald Trump declared on July 13, as Washington and Tehran once again fought over the vital waterway. (Credit: AFP)
Iran's oil exports are continuing as usual despite the cancellation last week of a 60-day waiver of U.S. oil sanctions, oil minister Mohsen Paknejad said on his official Telegram account on Tuesday.
Paknejad said the oil ministry had maintained mechanisms for years to neutralize the impact of U.S. sanctions and that Iran's oil exports would face no problems despite the removal of the waivers.
Iran's oil exports are continuing as usual despite the cancellation last week of a 60-day waiver of U.S. oil sanctions, oil minister Mohsen Paknejad said on his official Telegram account on Tuesday.
Paknejad said the oil ministry had maintained mechanisms for years to neutralize the impact of U.S. sanctions and that Iran's oil exports would face no problems despite the removal of the waivers.
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