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Iranian oil sales 'on rise' despite all sanctions & rhetoric - report

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Published on Sep 14, 2012

The International Energy Agency says Tehran's crude sales are rising, now edging over a million barrels a day. European and US sanctions were imposed to pressure Iran over its nuclear programme, which Tehran maintains is purely peaceful. But Iran's resources are still a hot commodity across the region - with Turkey, China and India currently the top importers.

Political analyst Chris Bambery says blocking oil trade with Iran could harm other economies.

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