Iran Targets New Buyers For Its Crude
As it continues to struggle amid tightening Western sanctions, Iran has stepped up its efforts to find new markets for its crude in both the Middle and Far East.
In a reversal of earlier denials, Tehran has admitted the sanctions imposed by both the US and EU are hitting its oil sector hard, and have led to a decrease in Iranian oil production relative to those levels seen last year.
Still, the country is...
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