Europe is looking to open bank accounts in Europe for Iran to deposit oil revenues and secure Iranian oil exports, Iranian media quoted Deputy Foreign Minister Abbas Araqchi as saying. “Currently, we are holding close and intensive talks with Europe over their promises to salvage the 2015 nuclear deal between Tehran and world powers,” Araqchi has said, according to the Iranian Fars news agency, reported by Azeri outlet Trend. At the end of last month, Iran’s Foreign Minister was quoted as reminding the European Union that Iran was still waiting to receive guarantees that the EU would continue to buy Iranian oil even after U.S. sanctions kick in on November 4. “We are still waiting for Europe to take action on the sale of Iranian oil and the preservation of banking channels,” Mohammad Javad Zarif said. The EU has triggered legislation known as the blocking statute, which effectively prohibits […]