EconomyWhy do Iran’s oil “intermediaries” owe the government billions?
Iran says intermediaries responsible for selling its oil owe the government billions of dollars. As the United States maintains a naval blockade of Iranian ports and tightens sanctions on oil exports, Tehran is seeking revenue from earlier sales that it says has gone missing. The debts trace back to a network set up to sell oil outside official channels in response to sanctions; discrepancies between expected proceeds and payments to the treasury surfaced early on.
Why do Iran’s oil “intermediaries” owe the government billions?
Economy