Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
US Blockade Will Force Iran to Halt Oil Production Within Wks If Successful: Report
Recommend 1 Positive 1 Negative 4 |
||||
|
||||
|
If a US naval blockade successfully cuts off Iran's oil exports, Iran will have to axe its oil production within two weeks, The Financial Times reported. According to satellite data from Kayrros, Iran's storage tanks used to hold crude oil that cannot be loaded onto tankers are more than 51% full. In energy consultancy Energy Aspects' estimation, even if exports stop, Iran could continue production for another 10-15 days before starting to cut output at multiple oil fields. Auto-translated by AI AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
