Iran’s oil output, exports rise as Washington, Tehran talk


Source: reuters.com reuters.com

Key Topics in this News Article:

News Snapshot:

The Liberian-flagged oil tanker Ice Energy transfers crude oil from the Iranian-flagged oil tanker Lana (former Pegas), off the shore of Karystos, on the Island of Evia, Greece, May 26, 2022. REUTERS/Costas Baltas/File Photo Acquire Licensing Rights LONDON/WASHINGTON, Aug 31 (Reuters) - Iran's oil output and exports jumped in August despite U.S. sanctions, according to consultants and companies that track tanker shipments, as Tehran sells to buyers including China. Analysts said the higher exports appear to be the result of Iran's success in evading U.S. sanctions and Washington's discretion in enforcing them as the two countries seek better relations. The...