Home Africa News Iran Faces Imminent Oil Shut-Ins as Storage Nears Capacity

Iran Faces Imminent Oil Shut-Ins as Storage Nears Capacity

Share
iran-faces-imminent-oil-shut-ins-as-storage-nears-capacity
Iran Faces Imminent Oil Shut-Ins as Storage Nears Capacity
Share

A satellite image shows an oil terminal at Kharg Island, Iran, on Feb. 25, 2026. 2026 Planet Labs PBC/Handout via ReutersIran is nearing forced oil production stoppages as storage tanks fill rapidly, with capacity set to be exhausted within 20 to 24 days, according to an April 22 update from Kpler, a commodities data firm that tracks global oil, gas, and shipping flows.The firm said that Iran’s output has already fallen by around 750,000 barrels per day from pre-war levels, primarily due to lower domestic demand during the Iran war.

Share
Related Articles
iceland-focuses-on-security-partnerships-after-voters-reject-opening-eu-membership-talks
China NewsEuropeGlobalWorld News

Iceland Focuses on Security Partnerships After Voters Reject Opening EU Membership Talks

Icelandic Minister for Foreign Affairs Thorgerdur Katrin Gunnarsdottir attends a press conference...

vaccine-maker-halts-trial-on-mrna-cancer-shot
China NewsEuropeGlobalWorld News

Vaccine Maker Halts Trial on mRNA Cancer Shot

A pharmacist administers the Pfizer-BioNTech vaccine in Los Angeles, Calif., on October...