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 […]
Tag: Exports
Big drop in Iranian oil exports: Reuters
Iranian oil exports in December will fall by one quarter compared to November of 2012, Reuters reports.
U.S. exports to Iran on the rise
The Wall Street Journal reports that U.S. exports to Iran are increasing despite the rising enmity between the two countries.
Sanctions cut Iran’s July oil exports to near 1 million barrels per day
Iran’s daily oil exports in July could fall below half the average shipped in 2011 before tough new Western sanctions stemmed the flow.
Iran to stop oil exports to Europe
Iran’s Oil Minister announced today that Iran will “definitely” halt the sale of crude to a number of European countries.
U.S Exports to Iran Increased 84% in August
The U.S Census Bureau reported that the country’s exports to the Islamic Republic of Iran in creased 84 percent in August compared to the exports in July.