63 Million Barrels Of Iranian Oil Stuck At Sea After US Pulls Iran Sanction Waiver

63 Million Barrels Of Iranian Oil Stuck At Sea After US Pulls Iran Sanction Waiver Tehran's oil export troubled just got worse.  One week after we reported that Iran was already struggling to sell its crude to buyers in Asia (including China, which appears to now prefer UAE exports instead), overnight the US rescinded the sanctions waiver that allowed Tehran to sell its oil without penalties, making sales of Iranian crude to international buyers even more challenging.  The Irani...

By Tyler Durden