Iran’s oil exports fell in March after reaching a 20-month peak two months earlier, a top energy watchdog said Thursday, potentially easing concerns Tehran that could breach a six-month cap agreed with the West. In its monthly market report, the International Energy Agency said that “estimated April import volumes [by foreign buyers of Iranian oil] were down by about 180,000 barrels a day to 1.11 million barrels a day.” The export numbers, which include condensates, compared with 1.29 million barrels a day in March and a 20-month peak of 1.58 million barrels a day in February, it said. The IEA’s data confirmed statements by Iran’s deputy oil minister for international affairs Ali Majedi to the Wall Street Journal last week that crude exports–which exclude condensates–averaged 1.2 million barrels a day in the past three months. That suggested a reduction from February levels of 1.3 million barrels […]