Incremental Increases To Iran’s Rejuvenated Oil Exports Likely To Have ‘Muted’ Effect On Mainstream Tanker Market

Preliminary figures from UANI show Iran exported more than 1.5m barrels per day for second consecutive month in September, amid lax sanctions enforcement by the US. However, there is enough dark fleet capacity to swallow any further incremental production increases, BRS says, so any impact on mainstream tankers will be muted.