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Iranís Oil Exports Drop For Third Consecutive Month
| Aug 07, 2018
| Tsvetana Paraskova
Posted on 08/08/2018 4:46:30 PM PDT by BeauBo
Irans oil exports dropped by 7 percent to 2.32 million bpd in Julytheir lowest level in four monthsas South Korea and Europe are slashing imports ahead of the return of the U.S. sanctions on Tehran... Analysts expect Irans oil exports to drop more noticeably beginning in September, and the rate of decline to accelerate.
(Excerpt) Read more at oilprice.com ...
TOPICS: Business/Economy; Foreign Affairs; News/Current Events; Russia
KEYWORDS: energy; hassannasrallah; hezbollah; hydrocarbons; iran; lebanon; maga; oil; opec; russia; russianoilexports; sanctions
Ayatollah - Ask not for whom the bell tolls. It tolls for thee.
posted on 08/08/2018 4:46:30 PM PDT
Countries depending on Iranian oil can simply switch suppliers to Venezuela.
posted on 08/08/2018 5:40:34 PM PDT
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