Managing-Director of the National Iranian Oil Company (NIOC) Ahmad Qalebani announced that Iran has found new European customers for its crude oil after the European Union enforced a ban on Iranian oil sales, Fars News Agency reported.

"Despite oil embargos against Iran, some European companies operating in the refining industries still want to continue trade with the National Iranian Oil Company," Qalebani said on Monday, July 9.

"We sell oil to demanding European refineries through coordination with the Central Bank," he added.