Iran Finds New Buyers of Its Oil

Iran seems to have found new buyers of its crude oil as cargoes have been recently tracked to move to Oman and Bangladesh, Reuters reported on Friday, citing shipping sources and data.   Iran’s oil production has been recently estimated to have hit its highest level since 2018, as Tehran looks to boost output and exports, and export revenues with these, despite the U.S. sanctions. Earlier this year, tankers were sighted and tracked near ports in Bangladesh and Oman, per available shipping data quoted by Reuters. Last month, Iran’s…