Iran's crude exports will remain significantly reduced for a third consecutive month in January, amid US sanctions. The International Energy Agency (IEA) said on Tuesday that Iran had exported 1.02 million barrels per day (bpd) of oil to the world last month, down from 2.03 million bpd Export levels have remained below 1 million bpd since then, despite the US giving waivers to eight traditional Iranian oil buyers. But it declined to disclose them because of a fear of new sanctions. The country claims to be selling crude to new buyers, but January numbers are still expected to be around 900,000 bpd.
Iran's crude exports will remain significantly reduced for a third consecutive month in January, amid US sanctions. The International Energy Agency (IEA) said on Tuesday that Iran had exported 1.02 million barrels per day (bpd) of oil to the world last month, down from 2.03 million bpd Export levels have remained below 1 million bpd since then, despite the US giving waivers to eight traditional Iranian oil buyers. The country claims to be selling crude to new buyers, but January numbers are still expected to be around 900,000 bpd.