Iran loads Europe oil cargo as Brent resumes decline | The National:
"Oil prices traded near US$30 as the first shipment of Iranian crude set sail to Europe after the easing of sanctions last month.
The price of Brent, the global benchmark, opened in early morning trading in London at $33.31 on the news of Iranian crude being shipped to Europe for the first time in five years.
French energy giant, Total, is expected to set off with 2 million barrels while Spain’s Compania Espanola de Petroleos (Cepsa) and the trading arm of Russia’s Lukoil, Litasco, will also carry 1 million barrels each."
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