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Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free _Mother Jones Daily_. The _Financial Times_ reports that Iran is pricing its oil to move: >
Iran is trying to skirt US and European sanctions by luring nations > to buy its oil on highly advantageous credit terms, say officials in > the industry. > > Tehran has been
offering a handful of potential customers in Asia, > including India, 180 days of free credit, according to the > officials….Iran’s offer of longer payment periods amounts to a >
discount of about 7.5 per cent per $118 barrel. Saudi Arabia and > other leading Middle East oil producers extend 30 days of credit, > and Tehran in the past has allowed importers such
as China to pay in > 60 to 90 days. So Iran is now reduced to about the same level as a used car dealer. Drive it off the lot, no payments for six months! Apparently the
Apologizer-in-Chief’s sanctions are starting to bite.