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Rise in Iran oil flow post-sanctions may hit Iraq most

Published Tue, Mar 31, 2015 · 09:50 PM

Dubai

A POSSIBLE surge in Iranian oil exports from an end to sanctions will reboot a struggle between top Middle East producers for Asian buyers, with Iraq looking the most vulnerable. The latest twist to the saga of aggressive marketing is the world oil glut and low prices, likely to fall more with added Iranian crude, making Teheran's battle for market share tougher.

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