U.S. Congress concerned Iran’s oil exports may be up

WASHINGTON (AP) — Obama administration officials faced the prospect of contentious questioning Thursday from lawmakers about reports that China and India are significantly expanding imports of Iranian petroleum.
When world powers reached an interim nuclear deal with Iran three months ago, U.S. officials stressed that they weren’t easing oil trade restrictions against Tehran. This month, President Barack Obama threatened to come down like a “ton of bricks” on countries that circumvent those penalties.
Nevertheless, Chinese imports of Iranian crude have jumped nearly 30 percent since November compared with the previous six months, according to government data. Some reports suggest Indian …read more

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