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Iranian oil crawls back in supertankers
Sept. 12, 2018
Source: World Oil

Iranian oil crawls back in supertankers

Looming US sanctions is now constraining Iran to store their oil into supertankers. No less than five full crude tankers have moored off the Iranian coast over the past couple of weeks. The Persian country had employed this strategy when the Obama Administration had forced sanctions on its trade. Iran’s biggest buyers including France, South Korea and others have already started to cut off oil import sharply.

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