Iran's oil exports surge above West's sanctions cap - IEA


  • World
  • Saturday, 12 Apr 2014

LONDON/WASHINGTON (Reuters) - Iran's crude oil exports have surged to their highest in 20 months, far exceeding a 1 million barrel-per-day limit set by the West under an interim deal on curbing Tehran's nuclear program.

The International Energy Agency's monthly report revised February's global crude imports from Iran upwards by 240,000 bpd to 1.65 million barrels per day, the highest since June 2012.

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