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IRAN opened its first oil terminal in the Gulf of Oman today, which President Hassan Rouhani said would allow tankers to avoid the strategically vulnerable Strait of Hormuz.
“This is a strategic move and an important step for Iran,” he said in a televised speech. “It will secure the continuation of our oil exports.
“This new crude export terminal shows the failure of Washington’s sanctions on Iran.”
Mr Rouhani said Iran hopes to export 1 million barrels of oil per day from Bandar-e Jask, a port on Iran’s Gulf of Oman coast, just south of the Strait of Hormuz.
The strait has been the site of a number of clashes between Iranian forces and the US military as relations between the two nations remain tense.
Indirect talks between Tehran and the administration of US President Joe Biden have been ongoing in Vienna since April in a bid to lift Washington-imposed sanctions.
The sanctions were implemented by former US president Donald Trump after he pulled out of the Joint Comprehensive Plan of Action – known as the Iran nuclear deal – in 2018.
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