Iran plans to start offering oil for exports via its national stock exchange as early as next week, the Islamic Republic News Agency (IRNA) reported on Monday, quoting the head of the state oil company and deputy oil minister Ali Kardor. Iran will be offering one million barrels via the stock exchange, with all those barrels bound for exports, Kardor, who is managing director of the National Iranian Oil Company (NIOC), said. In July, Iran’s First Vice-President Eshaq Jahangiri said that the country would be looking to offer oil via the stock exchange because of the U.S. sanctions on Iran that will restrict its oil exports, IRNA reports. While analysts now expect that the losses of Iran’s oil exports could be higher than 1 million bpd with the U.S. sanctions returning in early November, Iran continues to claim that it has the means to ‘defeat’ the restrictions, continue to […]