Iran's oil exports to EU down by nearly half in 18 months - Xinhua

Iran's oil exports to the European Union (EU) have dropped by nearly half in the past 18 months, the Financial Tribune daily reported Thursday, according to Xinhua. 

Iranian oil exports to the EU dropped to 387,000 barrels per day in August, from nearly 740,000 barrels per day in March 2017, likely due to the rising US pressure on Iran's customers to reduce oil purchases from the oil-rich country.