November 6, The Iran Project-�Iran has currently reported a whopping jump in its oil exports to Asia, emphasizing that China and India are now comprising 52 percent of the country�s oil export destinations.�

Iranian�Oil Ministry's OPEC affairs reported in an announcement that�the Asian countries of China and India purchased more than half of Iran�s crude oil.

By the end of August this year, China imported 744.000 barrels per day (bpd)�which was the largest volume of imports among the other Asian clients of Iran�s oil and India was the second biggest importer of Iranian oil in August, totaling 602,456 bpd,�the report added.

According to the report, Iran exports of crude oil for August stood at 2.6 million barrels per day (mb/d) which is an unprecedented record the victory of the Islamic Revolution.

Iran�s Petroleum Minister Bijan Zanganeh�announced earlier that exports of crude oil to Asian clients for August stood at around 1.7 million barrels per day (mb/d).� The figure showed an increase of 92 percent year-on-year, the Ministry said.

Iran�s oil production had already reached close to pre-sanctions levels, he said.

In mid-January, a series of economic sanctions that had been imposed on Iran for multiple years were removed after a deal between the country and the P5+1 � the five permanent members of the UN Security Council plus Germany � was implemented.

The sanctions barred foreign investments in the Iranian oil industry and also imposed a low ceiling of 1 million bpd on the country�s oil exports among a series of other economic restrictions