Iran’s Oil Exports Continue To Surge Despite Sanctions Cap: IEA Report

Tehran, April 15, IRNA – A Zionist news site has recently referred to the latest monthly report published by the International Energy Agency (IEA) admitting that Iranˈs exported crude oil showed a 20-month record high. The Washington Free Beacon quoted Israelˈs Hayom (Israel Today), a Hebrew-language free daily newspaper, as saying that Iranˈs global crude oil exports have far-exceeded the one-million barrel-per-day cap set by the West. The Israeli paper referred to a recent IEA report as saying that Iranˈs global oil exports in February made the highest record since June 2012. ˈThe IEA’s monthly report revised February’s global crude imports from Iran upwards by 240,000 barrels per day to 1.65 million barrels per day, the highest since June 2012.ˈ Under an interim deal signed in November between Iran and six world powers—known as the P5+1—that came into effect on Jan. 20, Iran’s exports are supposed to be held to an average one million barrels per day through July 20. ˈChina accounted for 168,000 barrels per day of the rise in imports in February, India for 93,000 barrels per day and South Korea for 83,000 barrels per day,ˈ added the report./end