Iran Exports 20 Million Barrels of Oil This Week
On June 19, Iran is transporting a large amount of oil that had previously been unable to be exported due to U.S. sanctions, which could be good news for Tehran as it signed a temporary peace agreement with Washington on Wednesday. Shipping data compiled by Bloomberg shows that 11 tankers have departed from Chabahar Port in Iran's Oman Gulf this week, carrying a total of 20 million barrels of crude oil. Previously, the U.S. military had prevented these tankers from entering the Indian Ocean, aiming to limit Tehran's access to oil revenue.
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