Iran's oil exports to Asia heading to edge| MENAFN.COM

Saturday, 02 July 2022 08:33 GMT

Iran's oil exports to Asia heading to edge

(MENAFN) Iran's oil exports are heading to edge as its top four oil importing countries were forced to reduce their imports by more than a fifth in the first half of this year, reported Alarabiya. The States and Europe attempts to cut Iran's cash flow seemed to work now that Tehran has no access to the International bank, and clients are ought to find alternative methods to pay. "There is continuing pressure from the United States to reduce Iranian crude imports," said Robin Mills, chief analyst at Manaar Energy Consulting, as the four countries - China, India, Japan and South Korea- will face pressure to further cuts.

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