2018
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Russia
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South Korea
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India
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China
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Detailed explanation-1: -China has kept up larger Iranian oil imports and is now buying massive amounts of Russian oil at discount prices. According to various estimates Tehran is exporting around 750, 000 barrels per day and China is by far the largest buyer.
Detailed explanation-2: -Currently, United States sanctions against Iran include an embargo on dealings with the country by the United States, and a ban on selling aircraft and repair parts to Iranian aviation companies.
Detailed explanation-3: -analysts wrote in a recent report. Analysts at Goldman Sachs said that a return of Iranian supplies would cause them to adjust their forecast of $125 a barrel for Brent crude, the international benchmark, down by $5 to $10 a barrel for 2023.