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MARKETS LIVE BLOG:

TECH DRAGS STOCKS LOWER AS RALLY HITS PAUSE

Fed's Collins warns interest rates will likely stay higher for longer

Iran to ship four million barrels of crude to Europe in coming 24 hours

Reuters
An Iranian worker walks at a unit of of South Pars Gas field in Asalouyeh Seaport, north of Persian Gulf, Iran in this November 19, 2015 file photo. REUTERS/Raheb Homavandi/TIMA/Files

DUBAI (Reuters) - Iran will load 4 million barrels of crude oil on tankers destined for Europe in the coming 24 hours, a senior official was quoted as saying on Saturday, including 2 million barrels to be bought by France's Total (TOTF.PA).

"In the coming 24 hours, 4 million barrels of crude oil will be loaded onto 3 tankers destined for Europe," Rokneddin Javadi, managing director of the National Iranian Oil Company, was quoted as saying by the Shana news agency.

"Of those 4 million barrels of crude, 2 million barrels are assigned to France's Total, and 2 million barrels have been bought by two companies in Russia and Spain," he added.

(Reporting by Sam Wilkin; Editing by Toby Chopra)