Iran’s oil exports have hit a five-year high point
Exports and production reach highest levels since the reinstating of US sanctions, data from United Against Nuclear Iran and the International Energy Agency show
Iran’s oil exports remained robust throughout the first half of the year, averaging 1.3m barrels per day, data from US pressure group UANI shows. Amid reports of a deal with the US that could provide certain sanction relief, the IEA believes Iran could ramp up production from the five-year high of 3.01m bpd in June to 3.8m bpd
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