Iran oil imports

TOKYO: Asian imports of Iranian oil fell slightly from a year ago in July following a landmark agreement on Tehran’s disputed nuclear programme that may pave the way for an increase in crude exports as early as next year. Imports by Iran’s four biggest buyers — China, India, Japan and South Korea — totalled just over one million barrels per day (bpd) last month, down 1.3 per cent from a year earlier, government and tanker-tracking data showed. Tehran is eager to recover market share lost under US and European Union sanctions and boost growth after decades of diplomatic and economic isolation.