The International Energy Agency in Paris said in its monthly report there has been a significant drop in Iran’s oil exports in the month of June in comparison to the month before. The Wall Street Journal reported the IEA saying Iran’s oil exports nearly reached the level of October 2013, meaning a month before its nuclear agreement with the P5+1.
According to this report Iran’s daily exports in June was around 1.08 million barrels, showing a 26% decrease from May. The reason behind this drop in Iran’s oil exports has been a sudden decrease in imports by China and India.