Iran 's crude exports will remain significantly reduced for a third consecutive month in January , amid US sanctions . A lack of clarity over the amounts that buyers were allowed to purchase under the sanctions led to Iranian exports dropping below 1 million barrels per day ( bpd ) in January , down from 2.5 million bpd in October . Export levels have remained below 1 million barrels since then , despite the US giving waivers to eight traditional Iranian oil buyers . The country claims to be selling more 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. A lack of clarity over the volume that buyers were allowed to purchase under the sanctions led to Iranian exports dropping below 1 million barrels per day (bpd) in November, down from 2.5 million bpd in April. 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.