Despite the Iran-US face off on the nuclear issue and the threat of sanctions against Iran, the country is not having trouble finding buyers in the present climate of rising world demand and strain of supply from some regions like Nigeria.
While India and Royal Dutch have supplied their need for oil by buying from Iran, Japan has trimmed its purchases from Tehran in lieu of the nuclear standoff by buying about 40 percent less from the previous quarter.
Other importers though have not been so picky during this oil shortage and detrimental repercussions of dropping a supplier have also stopped hands.
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