US oil report seen supporting Ir... JPost - Iranian Threat - News: "The sanctions aim to choke funding to Tehran's nuclear program by stopping oil transactions with Iran's Central Bank. The West contends Iran is trying to build a nuclear weapon, while Tehran says the program is strictly for civilian purposes.
The EIA may have given a preview of Friday's report earlier this month in a weekly paper that said new global outages have emerged even though some outages in the first two months of the year have eased.
An outage in Iraq caused by a dispute between the Kurdish regional government and Baghdad has pushed production down about 100,000 bpd, and the worsening situation in Sudan has cut output deeper there in the past two months."
'via Blog this'
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