The Iranian regime has found a way to circumvent the economic sanctions imposed on the West and delay the crash of the local economy, It is engaging in illegal trading in gold, according to a Tuesday morning report in the British newspaper the Times.

The report says that after the United States made ​​it clear it would treat any breach of the sanctions on Iran as money laundering, Iran began to demand gold in exchange for oil. The Islamic Republic is doing so through a large network of private front companies.