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Iran’s Oil Terminals Look Idle as US Keeps Up Naval Blockade

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Iran’s Oil Terminals Look Idle as US Keeps Up Naval Blockade Iran’s oil terminals have appeared largely idle this month as the US continues to impose a blockade aimed at pressuring the country into a peace deal, though visibility into its operations remains patchy. No supertankers were visible at Kharg Island, Iran’s main export terminal, in six images from the European Union’s Sentinel satellites during the first nine days of August. Just two smaller vessels appeared moored at the Jask and...

Iran’s Oil Terminals Look Idle as US Keeps Up Naval Blockade Iran’s oil terminals have appeared largely idle this month as the US continues to impose a blockade aimed at pressuring the country into a peace deal, though visibility into its operations remains patchy. No supertankers were visible at Kharg Island, Iran’s main export terminal, in six images from the European Union’s Sentinel satellites during the first nine days of August. Just two smaller vessels appeared moored at the Jask and Soroosh facilities in the period.
Iran (LOCATION) Oil Terminals Look Idle (ORG) US (LOCATION) Kharg Island (LOCATION) the European Union’s (ORG) Sentinel (LOCATION) Jask (PERSON) Soroosh (LOCATION)
Originally published by Bloomberg Markets Read original →