Where did the Toledo deliver the Iranian crude oil?
Iran Delivers Its First Tanker of Crude to Europe
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The video discusses the arrival of the Mantra Toledo, the first tanker carrying Iranian crude to Europe after the lifting of nuclear sanctions. It delivered 1,000,000 barrels to a refinery in southern Spain. This marks the return of Iranian oil to the market, which is expected to increase downward pressure on already low oil prices as Iran ramps up production.
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What does the arrival of the Toledo signify for the European oil market?
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