Iran’s oil exports could remain at zero despite 1.68m bpd potential: TankerTrackers
TankerTrackers says Iran’s oil exports may stay at zero, even with 1.68m bpd potential, as Middle East export shortfall narrows to 7.2m bpd.
Key Takeaways
AIData from TankerTrackers indicates that the current shortfall in Middle East oil exports has narrowed to 7.2 million barrels per day.
The report added that Iran’s oil exports, which have a potential of 1.68 million barrels per day, could remain at zero for the foreseeable future. Middle East oil exports also dropped by 39% in August.
The United States recently targeted three Iranian oil tankers in response to the Islamic Revolutionary Guard Corps launching ballistic missiles at two US warships conducting patrols in regional waters—one an aircraft carrier and the other a guided-missile destroyer.