👈Reuters reported that U.S. crude oil exports after the Iran peace agreement have fallen to 3.66 million barrels per day. According to this news agency, the increase in the supply of Middle Eastern oil to global markets after this agreement has been one of the main factors behind the decline in U.S. oil exports.
Based on this report, the share of U.S. crude oil exports to the Asia market has also fallen, from 52 percent in Khordad to 40 percent in Tir; a development that indicates increased competition from Middle Eastern oil in Asian markets.
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