Exact calculations of Iran exports impossible as tankers switching off tracking systems, analysts say; Iran only shipped 4mln bbls of crude out of Gulf of Oman between April 13-25th
- Trackable exports down more than 80% since March.
- US is also turning back tanker well past the Gulf of Oman.
Context
The significant drop in Iran's trackable crude exports, plunging over 80% since March, suggests supply constraints in the market. This reduction, coupled with U.S. interventions on tankers, could elevate price volatility for WTI and Brent as traders reassess supply dynamics amid ongoing geopolitical tensions.
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