Iranian crude shipments to Asia plummeted in Nov.

摘要

Exports had surged in 2016-2017 after nuclear-related sanctions were lifted, but Nov. shipments to China, Japan, India, and South Korea were down on the year by 29% at 1.36MM b/d—the lowest level since April 2016. China accounted for 557.9K b/d of the total, logging in an 8.8% decline on the year. Japan imported 193.IK b/d, down by 19%. India slashed its purchases by over half, protesting Iran's decision to grant a Russian company a huge gas field.