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The Monte Toledo oil tanker covered the uneventful voyage from Iran to Europe with a haul of 1 million barrels of crude in just 17 days, but its journey has been four years in the making. The tanker Sunday became the first to deliver Iranian crude into Europe since mid-2012, when Brussels imposed an oil embargo in an attempt to force the Middle Eastern nation to negotiate the end of its nuclear program. By the time the refinery has taken in all the Iranian crude, another tanker from Algeria will be already waiting.Around Europe, other tankers with Iranian oil are close behind the Monte Toledo.Petro-Logistics SA, a Geneva-based tanker-tracking firm, estimated Iran exported in February about 1.4 million barrels a day, up 350,000 barrels a day from the average 2015 level.Before the embargo Europe imported on average about 400,000 barrels a day of oil from Iran, according to the International Energy Agency.
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