"Iranian oil production is heading to its lowest in 25 years after its biggest customers in Asia cut their imports amid tightening US and European energy sanctions.
The current drop comes as Iran’s main clients, China, India, Japan and South Korea, slashed their imports, with the four Asian countries as well as Turkey, importing about 750,000 b/d in April, according to customs data. This is down more than 30 per cent from 1.1m b/d the previous month."
'via Blog this'
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