Iran’s Oil Exports Recover, Prices Spike Amid Venezuela, Libya Disruptions

Thu, 04/11/2019 - 08:36 -- admin

Iranian oil exports have recovered almost to pre-sanctions levels, thanks to unflinching demand from China and South Korea. The spike comes amid a steady rise in oil prices thanks to US sanctions against Venezuela and renewed conflict in Libya, and a nearly four-year low in OPEC oil production.

 

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