Currently, there may be between 58 and 68 million barrels of Iranian oil floating at sea, with more than 90 percent of these cargoes having no specific destination.
According to sea-news.az this was reported by Bloomberg agency, citing its own calculations and data from the analytical firm Vortexa.
It is reported that Tehran is actively searching for buyers after the United States suspended sanctions on transactions involving Iranian oil for a period of 60 days. A large portion of the mentioned oil is currently located in the Persian Gulf, the Indian Ocean, and near the Strait of Malacca, close to Singapore.
On June 22, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) published a document confirming that the United States had issued a general license for the production, supply, and sale of Iranian oil and petroleum products. On June 30, Mohammad Bagher Ghalibaf, Speaker of the Islamic Consultative Assembly of the Islamic Republic, stated that since the full lifting of the U.S. maritime blockade, the Iranian leadership has been able to export more than 40 million barrels of oil abroad.
