Mohammed Nazifi, CEO of Iran Energy Exchange, said on Thursday that since Tehran faces multiple problems including a maritime blockade in crude oil sales and trade settlement, the exchange is ready to accept domestic crude oil export transactions. In an interview with Tasneem News Agency, Nazifi said, “Listing crude oil on energy exchanges can diversify domestic crude oil sales channels.” He said, “We believe that energy exchanges can use more diversified trading methods to solve some of the existing problems.”

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