Some 80 per cent of Iran's oil contracts with Europe are operational, Iran's oil export chief said on Saturday according to the ministry's news agency Shana, adding Tehran was continuing talks with major European oil companies to sell more.

Asked about Iran's oil contracts to sell 600,000 to 800,000 barrels per day to the European buyers, Mohsen Ghamsari, the director for international affairs at the National Iranian Oil Company, said: "80 percent of them are operational." – Reuters