US vs Iran: The War Of Blockades In Gulf | Iran Flooded With 'Unsold Oil'?
A US-led naval blockade in the Strait of Hormuz has severely disrupted Iran’s crude exports, turning back tankers and slashing shipments. In response, Iran is struggling to store millions of barrels of unsold oil, with storage capacity rapidly running out. Exports have dropped sharply from pre-war levels, while inventories continue to rise—raising the risk that Iran may soon be forced to cut production, a move that could damage its oil fields long-term.
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