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Iranian oil stopped in the Gulf

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Post by RamblerNash on Thu Sep 13, 2018 9:43 am

Iranian oil stopped in the Gulf

Iranian oil stopped in the Gulf Oil-sea

Twilight News

7 minutes ago

Two tankers carrying Iranian capacitors, a kind of very light crude, have been off the United Arab Emirates for about a month as demand for oil has fallen ahead of US sanctions.

The two carriers, which together carry about 2.4 million barrels of South Pars capacitors, have been off the coast of the UAE since August after South Korea stopped imports from Iran while Chinese demand fell during the summer, according to industry sources and shipping data.

The data also showed that the number of ships loaded with Iranian oil and anchored off the loading port on the island of Kharj and Sorush oil field also rises with the decline in the number of buyers of Iranian crude.

Three giant tankers capable of carrying two million barrels have been in place for 10 days or more, while four others have been waiting for less than a week.


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