Iran's Oil Exports Hit 5-year Highs as US Holds Nuclear Talks

June 16, 2023


Alex Lawler



Related Country: 

  • China
  • Syria
  • Venezuela

Iran's crude oil exports exceeded 1.5 million barrels per day in May, the highest monthly rate since the United States reimposed sanctions against Iran in 2018, according to the commodities tracking firm Kpler. Although Iran is selling oil to Syria and Venezuela, China is its biggest customer.