Iran to export 19,000 barrels per day of diesel to Iraq in 2010

Iran has secured a deal to export about 19,000 barrels per day of diesel to Iraq this year, industry sources said on Monday.

The deal demonstrates Iran is confident it can not only sidestep the threat of US sanctions against its fuel suppliers, but can even act as a trader itself by selling fuel to its neighbour. The contract would begin in January, sources said. (Reuters)