Iran's Crude Oil is Stacking Up at Sea

Iran's Crude Oil is Stacking Up at Sea

Kpler, the commodities and data analysis firm, has calculated that Iran’s stock of crude oil held afloat has increased from 5 to 35 million barrels b...

Iran’s Floating Oil Stockpile Surges Amid Tighter Sanctions Enforcement - Iran News Update

Satellite data shows Iranian crude oil stored at sea has surged to record levels as sanctions tighten and buyers retreat. New satellite-based data reveals that Iran’s stock of crude oil stored at sea has surged dramatically this year, reflecting both shrinking markets for its sanctioned exports and growing pressure from global enforcement measures. According to commodities and data analysis firm Kpler, the amount of Iranian crude held afloat inc…