Iran oil exports rise after Geneva deal: Report

A leading American newspaper says Iran’s oil exports have increased by 25 percent as sanctions against the Islamic Republic are gradually relieved following Tehran’s interim nuclear deal with the P5 + 1 group.

Iran’s oil sales picked up from 1.06 million barrels per day (bpd) to 1.32 million bpd thanks to the interim agreement struck in November, wrote The Weekly Standard.
Iran and the permanent members of the United Nations Security Council – Russia, China, the US, France, Britain – plus Germany inked the nuclear accord in the Swiss city of Geneva on November 24, 2013. The two sides started …read more

Leave a Reply

Your email address will not be published.