Shell resumes Iranian oil purchases after Total

Shell resumes Iranian oil purchases after Total

Royal Dutch Shell has resumed purchases of Iranian crude, becoming the second major oil firm after Total to restart trade with Tehran after the lifting of sanctions.

Shell fixed Suezmax tanker Delta Hellas to bring 130,000 tonnes of Iranian crude from Kharg Island on July 8 to continental Europe, Reuters reports. Shell declined to comment it.

Besides Total, European purchases of Iranian crude have gone to refineries in Spain, Greece and Italy since the sanctions were lifted in January this year.

Iran's crude exports are now close to pre-sanctions levels of around 2.5 million barrels per day.

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