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Iran’s Race to Secure New Oil Buyers Won’t Be Easy

Iran’s Race to Secure New Oil Buyers Won’t Be Easy
Bloomberg Markets Tuesday 23 June 2026, 11:51 UTC By Serene Cheong 1 min read
Key Points

Iran’s Race to Secure New Oil Buyers Won’t Be Easy Tehran has just a couple of months to offer its crude far and wide, and the market dynamics aren’t in its favor. This article is for subscribers only. Welcome to our guide to the commodities driving the global economy.

Iran’s Race to Secure New Oil Buyers Won’t Be Easy Tehran has just a couple of months to offer its crude far and wide, and the market dynamics aren’t in its favor. This article is for subscribers only. Welcome to our guide to the commodities driving the global economy. Today, Asia Oil Team Leader Serene Cheong looks at some of the hurdles Iran will face in marketing its crude. The US decision to authorize Iranian oil sales for 60 days, a stunning shift after almost a decade of sanctions, gives the Islamic Republic a chance to offload millions of barrels of crude — at least in theory.
Iran (LOCATION) Tehran (LOCATION) Asia Oil Team (ORG) Serene Cheong (PERSON) US (LOCATION) Iranian (ORG) the Islamic Republic (LOCATION)
Originally published by Bloomberg Markets Read original →

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