(MENAFN) Iran has been shipping out massive crude oil quantities throughout the recent months; hence exports to major clients in Asia in June surged 47.1pct from a year ago.
The reported figures mark the utmost level in more than four years, plus the Republic has been retrieving market share at a faster pace than analysts had forecasted.
In accordance, as OPEC producers slash prices for August crude sales to Asia, Iranian oil sales are strongly projected to continue with overwhelming numbers which beat rivals.
In particular, Tehran's oil sales touched 4-1/2 year high over the previous month, and the four top nations, South Korea, Japan, China and India, imported 1.72mn mbd in June.
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