An authoritative advisory body recently released a report in March, Iran's oil exports have fallen sharply for the first time this year, the sanctions began to impact on Iran's oil export revenues. The report, expected this month, Iran's oil exports of 1.9 million barrels World Pipe network informed, reduced by 30 million barrels. This is due to the EU embargo on Iranian oil, buyers had to reduce the scale of purchase.
In order to put pressure on Iran, the EU agreed in January this year, the Iranian oil embargo in the region since July 1, while the U.S. also asked Japan and South Korea stapes to reduce oil imports from Iran. However, as of now, the Iranian oil exports has been maintained at 220 million barrels World steel pipe network editing , because the Iranian oil terms of the contract is more flexible.