Iran says it is having no trouble selling oil despite US sanctions imposed over Tehran's disputed nuclear programme. The Saturday report by the semi-official Mehr news agency quotes Central Bank Governor Mahmoud Bahmani as saying that Iran is "easily" able to sell its oil thanks to countries given waivers by the US to import some oil.
The State Department has announced that China, India, Japan, Malaysia, South Korea, Singapore, South Africa, Sri Lanka, Turkey and Taiwan have received waivers from the US in exchange for "significantly reducing" oil imports. Bahmani's comments come a day before an EU embargo on imports of Iranian oil goes into effect. The US and EU measures are intended to pressure Iran over fears that it is developing nuclear weapons. Iran denies the charges.