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Obama's Effective Iran Sanctions: Iran Oil Exports Rise To 1.2 Million Barrels Per Day
[Ynet] Rouhani administration doubles oil exports in 8 month period; deputy oil minister says exports are expected to rise further.Despite the higher numbers, Iran's oil exports remain heavily down on shipment levels before sanctions - the country was shipping 2.5 million barrels per day of crude abroad in late 2011. China, India, South Korea and Japan are Iran's biggest oil export markets. Under a preliminary deal signed last November, Iran agreed to freeze some nuclear activities for six months, which led to modest sanctions relief and a promise from Western powers of no new restrictions on its hard-hit economy. Posted by: trailing wife 2014-04-19 |
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