Iran has started reducing oil output as onshore storage tanks approach capacity following a month-long US naval blockade that has nearly halted exports, according to data from Kpler and Bloomberg. More than 70 percent of the country’s onshore tanks are now filled. An Iran Open Data analysis of Kpler shipping data, Bloomberg reporting, and OPEC […]
Iran’s Onshore Oil Storage Tops 70 Percent as Blockade Halts Exports Read More »
Roughly 170 million barrels of Iranian oil now sit in maritime limbo, circling the globe in what appears less a sanctions workaround than a strategic reserve. It’s enough crude to meet Japan’s energy needs for 50 days — or to fund Iran’s entire annual cash subsidy programme twice over. IOD’s analysis of shipping and energy
The Donald Trump administration’s actions since the beginning of 2025 to increase pressure and sanctions on the Islamic Republic with the aim of “halting” Iran’s oil exports have been largely unsuccessful, although this policy has sharply raised the costs for Tehran of evading sanctions. The Trump administration had promised to reduce Iran’s oil exports to
2025: Trump–Khamenei’s Lose-Lose Standoff Over Oil Exports Read More »
New shipping data show that despite a surge in oil loadings from its Persian Gulf terminals over the past two months, Iran has faced difficulties in getting its crude to Chinese buyers, resulting in a large buildup of Iranian floating oil storage near Chinese waters. Data from the commodity analytics firm Kpler indicate that over
Iran Increases Floating Oil Storage Amid Difficulty in Deliveries to China Read More »
