FXStreet (Mumbai) - Reuters is reporting that Iran’s oil exports are set to rise almost 20% in January and February on a annualized basis. According to the data on Iran's preliminary tanker loading schedules, overall exports will total around 1.44 million barrels a day (bpd) in February and about 1.5 million bpd in January. This would be more than 20% higher than Iran's average daily exports last year, with the loadings this month at the highest since February 2014. Iran is targeting India, Asia's fastest-growing oil market. India will load more than 300,000 bpd in February, up from 183,000 bpd in January, according to the data. For more information, read our latest forex news.