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Infographic: Race starts to replace Iran oil grades as US waivers end

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Infographic: Race starts to replace Iran oil grades as US waivers end

Producers of heavy and medium sour crudes like Saudi Arabia, Russia, UAE, and Iraq are amongst the winners from US sanctions aimed at Iranian shipments.

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Below is an infographic looking at which producers and crude grades may gain market share when US waivers for Iranian oil purchases expire on May 2.

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Infographic: Race starts to replace Iran oil grades US waivers end