RE: EU Stepping up to the Plate23 Aug 2018 11:00
Another key development is that China has agreed to step up it's purchases of all the Iranian oil as they can now get this using the Iranian Tankers. They are buying it based on the delivered oil and so Iran pays for the shipping and insurance....this is the key to sidestepping the US sanctions.
This, combined with the SWIFT system is why the Iranian's are saying they are confident that they have all the assurances they want from Europe and the remaining JCPOA signatories to remain in the nuclear deal.