Iran has made billions in oil sales since sanctions lifted

Sky News US Analyst Michael Ware says Iran has made “billions” in oil sales since sanctions were lifted on July 7.

“In the intervening weeks, we believe Iran has made billions of dollars in oil sales that they’re able to put unfettered on the global market and receive American hard currency in return,” Mr Ware told Sky News Australia.

“Although there is a belief or suspicion that they may have been taking a lot of Chinese currency instead.”