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Significant increase in Iranian oil exports ThePipaNews

The Pipa News

TEHRAN: Iranian oil exports hit new highs in the last two months of 2022, and despite US sanctions, 2023 has started well at 1.23 million barrels.

According to the details, Tehran’s oil exports saw a significant drop in 2018 when former US President Donald Trump imposed sanctions on the Iranian government in 2015 to curb oil exports and related revenues.

Foreign news agency According to the report China is the largest recipient of Iranian oil thanks to an economic partnership between Tehran and Beijing since last year.

Iranian oil imports to China hit a record 1.2 million barrels a day in December 2022, up 130 percent from the same period last year.

The Kipler news company estimates that Iranian oil exports in November amounted to 1.23 million barrels a day, the highest since August 2022 and about the same as in April 2019 (1.27 million barrels a day).

On the other hand, energy consultant SVB International said that Iranian oil exports averaged 1.137 million barrels a day in December, which is 42,000 barrels a day more than in November, which is SVB’s highest figure in 2022. Based on estimates given earlier .

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