By Tsvetana Paraskova

Iran’s oil exports dropped by 7 percent to 2.32 million bpd in July—their lowest level in four months—as South Korea and Europe are slashing imports ahead of the return of the U.S. sanctions on Tehran, data from S&P Global Platts showed on Tuesday.

However, Iranian oil exports to its top two customers—China and India—continued to stay high last month. Exports to China rose to 799,452 bpd in July from 722,100 bpd in June, while Iranian oil sales to India increased by more than 40,000 bpd from June to 706,452 bpd in July, S&P Global Platts data shows.

Read more...http://energyworthonline.com/2018/08/08/irans-oil-exports-drop-for-third-consecutive-month-2/