Iran’s Floating Oil Stocks Run Dry
Kpler estimates 15 million barrels were still afloat at the start of October, but the remaining stock is expected to clear by mid-October.
8 Articles
8 Articles
Iran's economy is on the brink of crisis, as a tight US Navy blockade has reportedly crippled the country's crude oil exports to near zero.
US Treasury Secretary Scott Bessant claims that Washington's economic pressure campaign is working, while the Iranian…More...
US Treasury Secretary Scott Bessant said the economic pressure campaign against Iran was working, sending the Iranian rial to historic lows. He also claimed that Iran did not load any crude onto tankers last month, attributing the developments to Washington's "Operation Economic Pariah" to restrict Tehran's revenues.
Secretary of the U.S. Treasury also stressed that Operation "Economic Outcast" will continue until the Iranian regime understands that the Trump government "will not allow the financing of terrorism"
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