EghtesadOnline: Managing Director of Iranian Oil Terminals Company Pirouz Mousavi said that the country has set a new record in oil export.

EghtesadOnline: While US sanctions on Iran’s oil industry have slashed the OPEC member’s crude exports , its oil product sales remain strong at nearly $500 million a month, shipping data and Reuters calculations show.

EghtesadOnline: In response to the United States' hostile move to block Iran’s crude exports , closing the Strait of Hormuz, one of the world's most strategic oil chokepoints, is unnecessary despite Tehran's ability to disrupt passage through the channel, an analyst said.

EghtesadOnline: The National Iranian Oil Company's exports have plummeted sharply since the beginning of August, as traditional customers like China, Japan and India have curtailed their purchases in view of the reimposition of US sanctions in November, a senior energy analyst said.