Tag: Decades

Sanctions push Iran’s oil exports to lowest in decades

  Western sanctions drove Iran’s crude exports to the lowest in decades in May, according to industry sources and tanker-tracking data, even before Washington toughens measures aimed at squeezing oil sales further. Crude shipments dropped to 700,000 barrels per day (bpd) last month, the data from sources showed, about a third of Iran’s oil exports […]