European firms can still buy oil from Iran as some companies don’t have interests in the United States and aren’t concerned about the U.S. sanctions on Tehran, former Iranian foreign minister Kamal Kharrazi, who is now the head of Iran’s Strategic Council on Foreign Relations, told French daily Le Monde in an interview this week. The European companies that stopped importing Iranian oil after the U.S. re-imposed the sanctions in November seem to have decided to halt Iranian oil intake due to political reasons, according to an English translation of the Le Monde interview in Iranian outlet Mehr news agency. “Italy and Greece stopped their purchases, while the US had granted them some waivers. This shows that those countries have made a political decision,” Kharrazi said, as carried by Mehr. European companies, however, are wary of secondary U.S. sanctions if they trade with Iran, especially in oil, as the […]