Iran Oil Exports Jump Over 1 Million Bpd

Crude oil exports from Iran have topped 1 million bpd for the first time since 2019, Reuters has reported, citing data from cargo tracking providers. Unsurprisingly, the buyer of most of the oil is China. In fact, some cargo trackers have been saying for years that Iran was exporting a lot more than official figures suggested using various tactics to mask the origin of the crude. A further increase in oil exports could be on the way of the current round of nuclear talks between Iran and the United States end with a deal. This is the final stage…