11 Hrs
الاقتصادية
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الاقتصادية

2026-11-06T11:47:32.039Z

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Iran Oil Exports Plunge

Iran Oil Exports Plunge

FGE Nexant ECA said Iranian oil exports had fallen to nearly zero as a result of the U.S. naval blockade, while a peace deal had become increasingly elusive, with Tehran holding firm to demands the White House would not accept. Between 200,000 and 300,000 barrels a day were still reaching markets via Iraq, while no Iranian oil loadings were recorded in September or October, and 54 loaded tankers remained off Iran’s coast. Despite the blockade, around 11 vessels carrying Iranian liquefied petroleum gas (LPG) had crossed.

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