Dr Sara Vakhshouri
I wrote this piece because I am frequently asked to explain why Iran does not offer big discounts on the selling price for its oil in order to prevent a drop in exports as a result of sanctions. The issue has surfaced as many of Iran’s oil customers prepare to renew exemptions from US sanctions and question if they could negotiate with the US State Department to buy more Iranian oil at much lower prices. (CONTINUED - 1152 WORDS)
