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February 15, 2014 9:00 am

Iran Oil Exports Soar as Sanctions Collapse

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Iranian oil tanker. Photo: WikiCommons.

Iranian oil tanker. Photo: WikiCommons.

Free Beacon – Iranian oil exports soared in January, hitting new highs just months after the United States consented to billions of dollars in economic sanctions relief under the interim nuclear deal.

Exports of Iranian crude oil jumped to 1.32 million barrels, up from December’s high of 1.06 million barrels, according to data from the International Energy Agency.

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