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Iran Shipped 30 Million Barrels of Oil in Week Before US Waiver

Iran Shipped 30 Million Barrels of Oil in Week Before US Waiver
Bloomberg Markets Monday 22 June 2026, 17:33 UTC By Julian Lee 1 min read
Key Points

Iran Shipped 30 Million Barrels of Oil in Week Before US Waiver Iranian crude is flooding onto the global market again, just as the US waives sanctions on the cargoes, permitting far more countries to buy them. More than 30 million barrels departed for Asia in the past week — a mix of crude that had been blockaded by the US, and exports from Kharg Island, the nation’s top export facility in the northern Persian Gulf.

Iran Shipped 30 Million Barrels of Oil in Week Before US Waiver Iranian crude is flooding onto the global market again, just as the US waives sanctions on the cargoes, permitting far more countries to buy them. More than 30 million barrels departed for Asia in the past week — a mix of crude that had been blockaded by the US, and exports from Kharg Island, the nation’s top export facility in the northern Persian Gulf.
Iran (LOCATION) US (LOCATION) Iranian (ORG) Asia (LOCATION) Kharg Island (LOCATION) Persian Gulf (LOCATION)
Originally published by Bloomberg Markets Read original →

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