Tag Archives: Iran Energy Exchange (IRENEX)

This will be the third time that the state-run company is offering oil to the private sector at the international ring of IRENEX.

Iran launched the sale of oil supply futures on the eve of the new US sanctions targeting the country’s oil and banking sectors.

Trading crude oil in IRENEX will occur soon through follow-up measures by the oil and finance ministers.

IRENEX has the necessary infrastructure to handle crude oil transactions.