Iran in Talks to Sell Oil to Egypt
Iran is in talks to sell oil to Egypt, officials on both sides say, part of a broader push to make up for lost European Union sales and a renewed engagement between the two countries.
Tehran has approached Cairo to sell 2 million barrels of oil-worth over $200 million-that are part of a stock of unsold Iranian crude stuck in the Egyptian port of Sidi Kerir because of international sanctions against Tehran, one person familiar with the approach said.