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    Iran's oil production 'slashed' by sanctions

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    euronews (in English)

    by euronews (in English)

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    Iran's oil production has reportedly been cut to almost its lowest level in 25 years.

    The Financial Times quoted oil traders and industry watchers as saying that Iran's main Asian customers - in China, India, Japan and South Korea - have slashed their imports, as has Turkey.

    That follows the tightening of US and European sanctions.

    ...
    http://www.euronews.net/