LATEST: Iran Oil Exports Recover Slightly in July, Thanks to China

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The Supreme Leader has spoken at Eid al-Fitr prayers at Tehran University, the day marking the end of Ramadan, but he is in no mood to celebrate this morning.

Instead, Ayatollah Khamenei warned of foreign plots throughout the Middle East, calling on Egyptians and Iraqis to remain vigilant: “The Zionist regime is at the back stage of all these discords in Egypt, Iraq, and other Islamic countries and all Muslims must be aware.”

The Supreme Leader also condemned Israeli “crimes” against Palestinians, condemning US-brokered talks between Israel and the Palestinian Authority as an attempt to undermine resistance.


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Iran Oil Exports Recover Slightly in July, Thanks to China

Iranian crude oil exports climbed to 1.16 million barrels per day in July from 960,000 barrels per day in June, mainly owing to a rebound in Chinese purchases, according to preliminary data from the International Energy Agency.

Beijing took 660,000 barrels of oil per day, compared to 385,000 the month in June.

Iran sold to only five countries during the month — China, Japan, South Korea, Turkey, and the UAE. India’s imports have been suspended because of difficulties in payment arrangements.

However, hoping for a further recovery in sales, Iran has added four supertankers, bringing its fleet of 37 plus 14 smaller crude tankers.

Supreme Leader Wary of Civil War in Egypt

Iran’s Supreme Leader, Ayatollah Ali Khamenei, has warned today that the political crisis in Egypt caused by the removal of president Mohamed Morsi by the army could spark a civil war.

In an Eid al-Fitr talk broadcase on state television, Khamenei said “Speculation of a civil war is gaining momentum on a daily basis. This would be a disaster with dire consequences.”

“What will stop the civil war if, God forbid, it happens?” he added.

Khamenei also warned against foreign interference, stating “Nothing but damage for the Egyptian people will come from the interference of foreign powers.”

He also took to Twitter yesterday to blame Israel for “all these discords” in Egypt, Iraq, and elsewhere, and chastise America.