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- Iran FM warns US against ‘serious miscalculation’ in Persian Gulf
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- North Korea praises Iran’s anti-US struggle
- Zarif says to meet French president Friday
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- IME trade ups by 21 percent in July
- Finland backs INSTEX in defiance of US
- US anti-Iran policy in high seas harms Europeans: LA Times
- Iran, China confer on Syria
- Iran, Finland share views on Persian Gulf dialogue forum: Zarif
- Iran warns US against seizure of oil tanker
- Iraq eager to benefit from Iranian Police’s experience
- Iran planning 3rd step to reduce nuclear commitments: Spokesman
- Leader grants clemency to over 1,000 Iranian inmates
- Registration for Arbaeen Pilgrimage to begin in Iran on Friday
- Iran, Iraq agree to reopen Khosravi border crossing
- Iran deplores suicide attack at Kabul wedding hall
- Iran to hold int'l hand-woven carpets expo
- Zarif meets with Iran-Kuwait Friendship Group members
- Adrian Darya oil tanker not under any sanctions, says Iran envoy
- ‘Iran to stay in nuclear deal as long as its interests are met’
- India envoy happy with positive trend of trade with Iran
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- Iran, Japan diplomats discuss bilateral ties
- Iran, Ansarullah, European representatives Yemen developments
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- US issues seizure warrant for Iranian supertanker 'Grace 1'
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- Iran’s Zarif due in Kuwait on Saturday
- US faces humiliating defeat after Gibraltar releases Iranian tanker: Envoy
- Spokesman rejects claim on Iran’s commitment in exchange for tanker release
- Zarif reacts to release of Iranian tanker in Gibraltar
- Israel, UAE engaged in secret talks on Iran arranged by US: Report
- US threatens visa ban as Iranian-operated tanker sets to sail from Gibraltar
- Enemies must factor Iran's global power in their calculations: IRGC's chief commander
- Trump’s administration conflicting messages to Iran baffle go-betweens: Report
- Gibraltar releases Iran-operated tanker despite US pressure
Imports of crude oil by Iran's four major buyers in Asia more than doubled in December compared with the same month a year earlier, for the third straight month, with purchases by South Korea up seven-fold and India's more than three times higher.
Iran's top four Asian buyers - China, India, South Korea and Japan - imported 1.89 million barrels per day (bpd) last month, data from governments and ship-tracking services showed.In absolute terms, imports slipped for a second consecutive month, from a peak of just under 2 million bpd in October, which was the highest since at least 2010, according to data by International Energy Agency.
Iran was exempted from an OPEC deal in January to reduce output by 1.2 million bpd, a boon for Tehran which had argued it needs to regain the market share it lost under Western sanctions over its nuclear program.
Across the first full year since the sanctions were lifted, Iran has boosted exports to its biggest Asian customers by nearly 60 percent to 1.63 million bpd.
Iran's crude oil imports cost Japan an average $43.87 a barrel for December, the third cheapest after Ecuador and Columbia, trade data from Japan's Ministry of Finance showed.
Japan's trade ministry on Tuesday released official data showing its imports jumped more than 40 percent from a year earlier to 246,243 bpd last month.
China's imports rose 30 percent to 689,530 bpd, meaning the country regained top spot among consumers after buying less than India for three consecutive months.
India's imports grew to 546,600 bpd, while South Korea's purchases rocketed to 410,387 bpd.
Iran's total monthly oil exports are set to climb slightly in February from January, as Indonesia takes its first shipment since sanctions were lifted, a person with knowledge of Iran's tanker loading schedule told Reuters last week.
January exports were set to fall to the lowest since July at about 2.16 million bpd, with February loadings likely to be just over 2.2 million bpd, according to the person, who spoke on condition of anonymity.
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