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U.S. Says No Leeway in Iran Oil Exports Using Inflated Data

Iran is exaggerating its crude oil export figures and won’t be allowed to sell more than 1 million barrels a day over the next six months, U.S. officials involved in managing sanctions against the country said.

Iran says it shipped 1.51 million barrels a day in November, according to figures the nation submitted to the Riyadh-based Joint Organisations Data Initiative. The data, along with historical export figures, were published Jan. 20, the same day the U.S. and its allies temporarily eased some of the sanctions against the Persian Gulf state as part of a deal to curb its nuclear program.