Iran’s crude shipments in February were the highest since the imposition of Western sanctions that have crippled its oil-dependent economy, according to the International Energy Agency . Imports of Iranian oil were 1.65 million barrels a day in February, the highest level since June 2012, the IEA said. March shipments were estimated to have fallen to 1.05 million barrels a day from February’s figure, “but that figure will likely be revised upwards closer to February levels upon receipt of more complete data,” the IEA said. “Imports of Iranian oil are running well above 2013 levels for the third consecutive month,” the Paris-based adviser to 28 nations, said in its monthly oil market report . “Imports from Iran could remain high for April.” An interim accord easing restrictions on insurance for Iran’s oil shipments and freeing up cash held outside the country went into effect in January, in return for […]