Iran Uses Improvised Storage Amid US Oil Blockade
Iran is reportedly resorting to improvised oil storage solutions to protect its oil facilities and manage its reserves amidst a two-week-long US blockade. The country is scrambling to find ways to store its oil to mitigate the impact of the sanctions.
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Iran uses improvised oil storage to avoid damage to oil facilities amid blockade - report
This situation stems from the fact that the Iranian extraction and refining systems can't be shut down, with Kharg Island's infrastructure at risk of failure if the oil flow is cut.
Read full article →Iran Already Scrambling For Oil Storage After Two Weeks Of US Blockade
Iran Already Scrambling For Oil Storage After Two Weeks Of US Blockade Trump's blockade is having a predictable effect on Iran's economy and oil industry, with reports that the regime is scrambling to repurpose old and rusty tankers as floating storage. Kharg Island is hitting capacity and the results could lead to disaster for Iran's oil wells. The regime is reportedly moving to expand crude storage at the island, where around 90% of their energy exports are processed, by rea...
By Tyler Durden
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