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Iran Oil Exports Rise Even as Sanctions Widen
(Bloomberg) Isaac Arnsdorf - Iranian oil shipments rose 13%, to 1.28 million barrels a day in February from 1.13 million in January, even as the U.S. implemented new sanctions against Iran, according to the International Energy Agency. Iranian exports are still down from an average of 1.5 million barrels a day in 2012 and 2.5 million in 2011.