Iran oil exports are back to pre-sanctions levels, U.S. says

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Reuters VIENNA
Last Updated : Sep 26 2016 | 6:48 PM IST

VIENNA (Reuters) - Iran is exporting oil at roughly the same level it was before the introduction of international sanctions that have been lifted under a landmark nuclear deal between Tehran and major powers, U.S. Energy Secretary Ernest Moniz said on Monday.

"Their oil production and oil exports are essentially back to pre-sanctions levels," Moniz told a news conference on the sidelines of a meeting of the U.N. nuclear agency. "They are exporting the way they were before, and that's a considerable additional cash flow."

(Reporting by Francois Murphy, editing by Louise Heavens)

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First Published: Sep 26 2016 | 6:33 PM IST

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