US EditionIran Exports Millions of Barrels as About 90 Ships Cross Strait of Hormuz
Iran exported over 16 million barrels through about 90 ships crossing the Strait of Hormuz despite sanctions and partial closure of the key oil route.
- About 90 ships, including oil tankers, have crossed the Strait of Hormuz since the outset of the war with Iran, evading Western sanctions and oversight.
- Iran has still managed to export well above 16 million barrels of oil since the beginning of March, with China being the biggest buyer due to Western sanctions.
- Amid Western sanctions, China has emerged as a major buyer of Iranian oil, enabling continued exports, while Iran used control of the Strait of Hormuz to preserve shipments, officials said.
77 Articles
77 Articles
It's almost inexplicable why oil prices aren't much higher. But here's why markets are ‘resilient’ so far despite the biggest energy supply shock ever
The war in Iran represents the biggest energy supply shock in history with the Strait of Hormuz choke point effectively off limits to the 20% of global oil and liquefied natural gas that flows through it each day. While the U.S. benchmark for oil continues to rise to near $100 per barrel—up 70% since the beginning of the year—the extent of the disruption should theoretically justify global oil prices of record highs at $150 per barrel or more. T…
Iran-friendly tankers cross Strait of Hormuz
HONG KONG — About 90 ships including oil tankers have crossed the Strait of Hormuz since the outset of the war with Iran and it is still exporting millions of barrels of oil at a time when the waterway has been effectively closed, according to maritime and trade data platforms.Many of the vessels that passed through the strait were so-called dark transits evading Western government sanctions and oversight that likely have ties to Iran, maritime …
PBS NewsHour
UpstractIran continues exporting millions of barrels of oil as around 90 ships cross the Strait of Hormuz despite the war
Many of the vessels that have passed through the Strait are so-called "dark" transits evading Western sanctions that likely have ties with Iran.
Iran continues to transport oil through the Strait of Hormuz in volumes that are almost in line with pre-war figures. Tehran is making the most of its control over this strategic waterway, while other exporters face significant obstacles.
Despite war, Iran deliberately lets ships pass through the Strait of Hormus. Tehran continues to export oil and, at the same time, drives prices up worldwide.
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