US sanctions impact: Iran offers oil to Asia at cheapest rate in 14 years
On Friday it was reported, state-run National Iranian Oil Company was reducing official prices for September sales to Asia to their lowest level in 14 years, compared with Saudi crude/ Iran however, has sought to downplay the move as common industry practice/ is selling oil and gas at a discount to Asian customers as it prepares for the return of The "informed source" in Iran's oil ministry did not give details of the discount, but sought to downplay the move as common industry practice. "Discount is part of the nature of the global markets ...
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