At first glance, Iran appears to have exported more oil than allowed under a nuclear agreement with major powers, but rather than complaining, U.S. officials argue Tehran is skating just inside the deal’s ambiguous limits. Iran’s higher exports reflect its exploitation of a loophole in U.S. law that allows its customers to buy condensates, a very light oil, without fear of U.S. sanctions. Rising gifts of crude oil to Syria are not covered by the deal. The major powers and Iran resume talks in Vienna on Monday aimed at reaching a comprehensive deal by July 20 for Iran to curtail its nuclear program in exchange for the easing of economic sanctions that have crippled its economy. With officials on all sides saying it will be hard to strike a final deal in the next five weeks, critics argue that whether Iran and its customers are respecting […]