Faced with the return of U.S. sanctions, Iran is studying a revival of a plan to barter crude oil for goods, possibly resuming the scheme that it used to try to blunt the impact of the previous round of sanctions between 2012 and 2016. Unable to bring in U.S. dollars and euros ahead of the new U.S. sanctions that kick in in early November, Iran is open to accepting agricultural products and medical equipment in exchange for its crude oil, Iranian Labor News Agency (ILNA) quoted the spokesman of the Parliament’s energy committee, Asadollah Gharekhani, as saying . According to Gharekhani, Iran will only trade with countries that buy its oil. Considering that the U.S. is pushing for “zero” Iranian oil exports and is pressing other countries to stop importing Iran’s oil, Tehran may not have many countries left to trade with. “We have informed our oil customers that […]