Iran's oil production 'slashed' by sanctions

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Iran's oil production has reportedly been cut to almost its lowest level in 25 years.

The Financial Times quoted oil traders and industry watchers as saying that Iran's main Asian customers - in China, India, Japan and South Korea - have slashed their imports, as has Turkey.

That follows the tightening of US and European sanctions.

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http://www.euronews.net/

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