Iran restarted crude oil swap from the Caspian Sea after a seven-year hiatus. The manager of the northern Iranian department of the Iranian Oil Pipelines and Telecommunication Company (IOPTC) says the company is ready to transfer imported crude oil. Hamid Hosseini said that the transfer operation from Neka Port would start upon an instruction by the National Iranian Oil Company (NIOC).

Iran exported a total of 206 million barrels of gas condensate through the export terminal of Assalouyeh, south of the country, in the previous Iranian calendar year which ended on March 20.