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Iran Crude Exports Hit Lowest Level Since Sanctions


(Reuters) Osamu Tsukimori - Iran's crude exports are set to drop by about a quarter in December to the lowest level since sanctions were applied this year, shipping sources said. Oil shipments by Iran have more than halved in 2012. Sources in China said Iran may be struggling to find enough tankers to ship the crude as more and more are being used to store unsold oil. Most of the crude is scheduled for China, India, Japan and South Korea.
2012-12-07 00:00:00
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