Iran running out of space to store its crude; is the real financial crisis still coming?
Iran faces a critical storage crunch, with only weeks of capacity left, potentially forcing production cuts of 1.5 million barrels per day. Despite a sharp drop in oil exports due to a naval blockade, the immediate financial impact on Tehran may be delayed for several months.
Iran faces a critical storage crunch, with only weeks of capacity left, potentially forcing production cuts of 1.5 million barrels per day. Despite a sharp drop in oil exports due to a naval blockade, the immediate financial impact on Tehran may be delayed for several months. What's Your Reaction?
