IRAQ-IRAN

Iranian Oil Exports below 500,000 b/d 

Iran is still facing serious problems with its oil export operations which have been gravely impaired since Iraq's 12 August air strike on the Sirri Island trans-shipment terminal. According to MEES information, Iranian oil exports remained at a very low level last week, probably no more than 500,000 b/d.

Apart from weather conditions at the Larak trans-shipment terminal, one major problem lies in lifting crude oil from the main...