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Bloomberg

Iran’s Floating Oil Stockpile Swells as Major Buyers Stay Away

Thursday, July 2, 2026


Iran's oil tankers at sea are holding increased quantities of crude oil. The stockpile has grown as Iran faces difficulty selling oil internationally within a 60-day period set by Washington. The timeframe relates to sanctions waivers that are set to expire.

Original reporting: https://www.bloomberg.com/news/articles/2026-07-02/iran-s-floating-oil-stockpile-swells-as-major-buyers-stay-away

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