Iran continues oil sales despite US waiver breach: minister

Iranian Oil Minister Mohsen Paknejad announced on Wednesday that Iran continues to sell oil despite the United States revoking a sanctions waiver earlier this month. Speaking about the temporary oil sanctions exemption under Article 10 of the ceasefire memorandum of understanding (MoU), Paknejad said Iran chose to preserve the mechanisms it had used for years to bypass, counter, and neutralize restrictions on oil trade. He noted that within 15 days, the enemy violated this clause, as per its record. During the period when the naval blockade was lifted, Iran moved a significant volume of crude beyond the blockade line. "Now the mechanisms are such that, as before, we are able to sell oil," Paknejad added, confirming that sales continue within the previous frameworks. The U.S. Treasury revoked the license allowing Iranian oil and petrochemical exports earlier this month. Iran's foreign ministry has described this as one of several American violations of the ceasefire MoU. Tehran has stated it will only honor the agreement on a reciprocal basis. According to Mehr News Agency, the minister's remarks underscore Iran's resilience in maintaining oil exports despite U.S. pressure.