The US has made a”big mistake”by not renewing the waivers,with the markets unable to absorb further supply losses from the country at this time,Iranian oil minister Bijan Namdar Zanganeh says.Iran will do”everything in its power”to make sure that Washington’s”dream of driving Iran’s oil exports down to zero is never realised”,Zanganeh says.Iranian crude and condensate loadings stood at 1.6mn b/d in the first half of April,down by 13pc from a revised March number,Argus tracking shows.
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