Saturday, February 15, 2014

With Sanctions Collapsing Iran Oil Exports Are Now Soaring

This file photo shows an Iranian oil tanker. Press TV

IEA Report: Iran’s Monthly Oil Exports Rising -- FARS News Agency (Iran)

TEHRAN (FNA)- Iran has increased its monthly export of crude as global demand for its oil rose after Tehran and the major world power reached a deal in Geneva in November, the International Energy Agency announced.

“Imports of Iranian crude rose by 100,000 barrels a day last month, with China, Japan and India taking more oil as a deal easing sanctions over Iran’s nuclear program took effect,” the IEA said in a report on Thursday.

The IEA said that the purchasing countries received 1.32 million barrels a day in January.

“An increase in the number of barrels shipped to the three Asian importers more than made up for reduced deliveries to South Korea, Syria and Taiwan,” it said.

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More News On Iranian Oil Exports Soaring

Iran oil exports to three states rise: IEA -- Press TV (Iran)
Sales of Iranian Crude Oil Rose in January -- New York Times
Iran Monthly Oil Exports Rise as Demand Spurs Output, IEA Says -- Bloomberg
Iran’s crude oil exports rise 100,000 barrels a day -- Times of Israel
China Boosts Iran's Crude Exports -- Wall Street Journal
Iran has asked India for $1.5 bn in oil payments under nuclear deal -- Financial Express/Reuters
Official: India to Buy Oil Only from Iran -- Fars News Agency
Russia economy chief to visit Iran amid oil deal reports -- Tehran Times
France, United States differ on business with Iran -- Al-Monitor
Tanker Insurers Warn on Iran Shipments -- Wall Street Journal
Why Western business eyeing Iran is a good thing -- Cornelius Adebahr, Special to CNN

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