Iran’s crude oil exports are on target to hit a nine-month high in January as buyers prepare for the lifting of sanctions against the Middle Eastern country within days. Iran is on track to ship 1.10 million barrels a day (bpd) of crude excluding condensate this month, according to an industry source with knowledge of the OPEC member’s tanker loading schedule. The preliminary number, 21 percent higher than December, is likely to add to worries over a global supply glut that pushed the oil prices to 12-year lows this week. Inspectors are expected to verify Tehran is in compliance with a landmark nuclear agreement as early as Friday. Iran has removed the sensitive core of its Arak nuclear reactor and U.N. inspectors will visit the site on Thursday to verify the move crucial to the implementation of the atomic agreement with major powers. Verification will pave the way for […]