Iranian Oil Exports Decline As Sanctions Talk Intensifies

Iranian oil exports have declined for the second consecutive month in October, with the country loading 1.43 million barrels per day of crude and condensate, Bloomberg reports, citing TankerTrackers.com data. The volume loaded for export in October was 194,000 bpd lower than September and reportedly the lowest export-loading volume since July.  Accurately tracking Iran’s crude exports is rendered difficult due to attempts to stymie ship transponders, forcing TankerTankers to rely on satellite imagery to fill in the gaps. …