Iran's Oil Shipments to Asia Dry Up Ahead of New US Sanctions

Iran's oil shipments to Asia have significantly decreased, driving cargo costs to multi-year highs, even before the US administration announces new measures to isolate Tehran and its trading partners.

24 Aug, 06:56 — 24 Aug, 06:56

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bloombergHigh16h ago

Iran Oil Cargoes Dry Up Even Before US Acts on Tehran Threats

Iran’s oil shipments to Asia have all but dried up, driving the cost of those cargoes to the highest levels in years even before the US administration announces fresh moves to isolate Tehran and its trading partners.

By Bloomberg News

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Iran's Oil Shipments to Asia Dry Up Ahead of New US Sanctions

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Iran Oil Cargoes Dry Up Even Before US Acts on Tehran Threats

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