Iran’s crude oil exports and production have declined since the May 2018 announcement by the United States that it would withdraw from the Joint Comprehensive Plan of Action (JCPOA) and reinstate sanctions against Iran, according to EIA.
On 6 August 2018, the first wind-down period ended and triggered the re-imposition of some sanctions. On 4 November 2018, the second wind-down period will end and trigger the re-imposition of full sanctions, including a number of measures that target Iran’s...
https://safety4sea.com/iran-exports-of-crude-oil-dropped-since-sanctions-announcement/