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(Wall Street Journal) Benoit Faucon - Iran's oil exports peaked at a one-year high in the past two months, the International Energy Agency said Friday, as a thaw in relations with the West boosts the troubled economy of the Islamic Republic. Though bans of importing oil in the EU remain in place, Asian oil buyers are getting more comfortable buying Iranian oil because of decreased political risks, oil officials and foreign traders in Tehran say. India's Iran oil imports jumped by 175,000 barrels a day to 415,000 barrels a day. In February, imports of Iranian oil surged in Japan and South Korea, by 155,000 barrels a day and 145,000 barrels a day, respectively.2014-03-14 00:00:00Full Article
Iran's Oil Exports Peak after Interim Nuclear Deal
(Wall Street Journal) Benoit Faucon - Iran's oil exports peaked at a one-year high in the past two months, the International Energy Agency said Friday, as a thaw in relations with the West boosts the troubled economy of the Islamic Republic. Though bans of importing oil in the EU remain in place, Asian oil buyers are getting more comfortable buying Iranian oil because of decreased political risks, oil officials and foreign traders in Tehran say. India's Iran oil imports jumped by 175,000 barrels a day to 415,000 barrels a day. In February, imports of Iranian oil surged in Japan and South Korea, by 155,000 barrels a day and 145,000 barrels a day, respectively.2014-03-14 00:00:00Full Article
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