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Shell Resumes Iranian Oil Purchases

stander
stander
in Oil, Gas and Energy News

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MOSCOW, June 8 (Reuters) - 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, trading sources said and ship tracking data showed.


Iran has been trying to claw back its market share since international sanctions were lifted in January and regaining a major buyer such as Shell will further aid its cause.


Shell declined to comment.


http://www.downstreamtoday.com/news/article.aspx?a_id=52464


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