European refineries have indicated their readiness to restart purchasing Iranian crude oil as nuclear talks between the Tehran and six world powers approach their final stage with a comprehensive nuclear deal in the offing. According to Bloomberg, refiners based in Spain and Greece have indicated that they are ready to resume purchasing crude oil from Iran when the country returns to oil markets. Meanwhile, Italy’s Saras SpA was quoted by Bloomberg as saying that it would buy Iranian crude if sanctions were to end, while...
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