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Iran’s gasoline imports fell 50 percent last month as sanctions over the nation’s nuclear program spurred traders to halt supplies, according to Energy Market Consultants Ltd.
Iran received about 60,000 barrels a day in July, compared with 120,000 in May, Vijay Mukherji, a London-based research associate at EMC, said by phone today. The consultant revised its earlier estimate of 65,000 to 70,000 barrels a day.