Top oil market embraces Iran once again
The increase in cargoes to Asia shows Iran is having some success in meeting its pledge to prioritise regaining market share/ Tehran: At the biggest oil market in the world, crude from Iran is back in vogue. Iran boosted exports to major oil consumers in Asia during the first half of this year, after international sanctions that restricted its supplies were eased in January. Japan’s purchases increased 28 per cent, India bought 63 per cent more, South Korea’s imports more than doubled while shipments into China gained 2.5 per cent during ...
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