U.S. removed almost 2.7 million barrels daily of Iranian oil from market: Pompeo

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U.S. removed almost 2.7 million barrels daily of Iranian oil from market: Pompeo
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The United States has removed nearly 2.7 million barrels of Iranian oil from glo...

WASHINGTON - The United States has removed nearly 2.7 million barrels of Iranian oil from global markets daily as a result of Washington’s decision to reimpose sanctions on all purchases of Iran’s crude, U.S. Secretary of State Mike Pompeo said on Tuesday.

In an interview with MSNBC, Pompeo said the U.S. government was confident it could continue with its strategy. Iran exported about 100,000 bpd of crude in July, according to an industry source who tracks such flows and data from Refinitiv Eikon. If condensate, a light oil, is included, shipments were about 120,000 bpd a day.

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