Iran denies claims of 'oil concession to China'


Iranian Foreign Minister Mohammad Jawad Zarif denied allegations that he was "familiar with concessions in selling oil to China".

Speaking to Iran's official agency IRNA, Zarif said that the news that they made discounts on oil sales to China and that they knew long-term did not reflect the truth.
Elegant, "25-year strategic agreement with China, Iran's proposal. Worked on. There is no substance yet get a benefit," he said.

UK-based Petroleum Economist news site, Iran and China signed a strategic agreement for 25 years in 2016 with China, yuan and cheap and long-term oil sales concessions that have been suggested.

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