Sanctions choke Iran's crude sales, but oil product exports booming
Ahmad Ghaddar, Bozorgmehr Sharafedin - Reuters
September 02, 2019
Who was cited:
Iman Nasseri, FGE
While U.S. sanctions on Iran’s oil industry have slashed the OPEC member’s crude exports by more than 80%, oil product sales from the Islamic Republic remain strong at nearly $500 million a month, shipping data and Reuters calculations show.