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Washington offers 11 million barrels of oil reserves for sale

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Washington offers 11 million barrels of oil reserves for sale

Post  RamblerNash on Wed Aug 22, 2018 11:06 am

Washington offers 11 million barrels of oil reserves for sale

Donald Trump

Economy News Baghdad

The United States has announced plans to offer 11 million barrels of its oil reserves for sale as US economic sanctions against Iran begin.

According to a sale notice issued by the US Department of Energy on Monday, high sulfur acid ore will reach the market in October and November.

He added that the proposed period for the sale of crude will be from October 1 to November 30.

This month, the US government began implementing economic sanctions against Tehran, coinciding with the US withdrawal from Iran's nuclear deal.

It is scheduled to start implementation in October next new US sanctions on entities that import oil from Tehran.


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