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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Asia's oil imports from Iran fell to a three-year low in 2018 due to sanctions

    Rocky
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        Asia's oil imports from Iran fell to a three-year low in 2018 due to sanctions Empty Asia's oil imports from Iran fell to a three-year low in 2018 due to sanctions

    Post by Rocky Thu 31 Jan 2019, 3:40 am

    Asia's oil imports from Iran fell to a three-year low in 2018 due to sanctions

        Asia's oil imports from Iran fell to a three-year low in 2018 due to sanctions 12722

    Imports of the top four Asian buyers of Iranian oil dropped to the lowest in three years in 2018 under US sanctions on Tehran, but China and India boosted imports in December after receiving exemptions from Washington.
    Data from China, India, Japan and South Korea showed that the top four buyers imported 1.31 million barrels per day in 2018, down 21 percent from the previous year.
    Reuters data showed that the amount is the lowest since the import of one million barrels per day in 2015, when a previous round of sanctions on Iran to a sharp decline in Asian imports.
    The United States re-imposed sanctions on Iran's oil exports in November, wanting to renegotiate a new nuclear deal with Tehran. US officials have said they plan to halt Iranian oil exports altogether.
    On a monthly basis, Asia's imports from Iran rebounded to a three-month high of 761,593 barrels per day in December as China and India boosted purchases after the United States granted eight-state sanctions to Iran for 180 days from the start In November.
    In December, China's imports rose more than 500,000 bpd for the first time in three months, while India's imports increased by more than 302,000 bpd.
    Japan and South Korea did not import any Iranian oil in that month as they were still working to solve payment and shipping problems, but the two countries resumed oil shipments from Iran this month. 


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