(Wall Street Journal) Iran's oil exports appear to have dropped as buyers prepare for tough new sanctions, market observers say. By the end of March, with three months until a EU embargo on Iranian oil takes effect, Iran's exports are expected to fall by about 300,000 barrels a day from last month, to 1.9 million barrels daily, a nearly 14% drop, according to Swiss oil-shipping specialist Petro-Logistics SA.
2012-03-29 00:00:00Full ArticleBACK Visit the Daily Alert Archive