The storage clock is ticking as tankers that exported 3.2 million barrels of crude oil per day remain bottled up in Iranian ports due to the blockade by the U.S. Navy.The blockade is part of a global vise denying Tehran $13 billion in monthly revenues and seeking to paralyze Iran’s petroleum industry by forcing it to shut down when it runs out of space to store what it can’t ship.
9.6
C
Ottawa
Monday, May 18, 2026
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