Iran's oil output staged a partial recovery in July, but a halt in export loadings and Tehran's conditions for reopening Hormuz leave little scope to sustain it.
Iran's crude oil production rose by 396,000 barrels per day to 2.275 million b/d in July, Energy Intelligence estimates, as higher domestic consumption and a temporary reopening of export channels lifted output from June's constrained levels of 1.879 million b/d.
Iran exports 50 million barrels of oil after US blockade lift. Strait of Hormuz traffic returns to normal by July 31 at 34% YES.
Iran's oil exports surge after US blockade ends. Strait of Hormuz traffic returns to normal by July 31 at 30.5% YES.
Iran's oil exports fell to their lowest level in at least six years in May as the U.S. naval blockade continued to choke off…
Iran has exported 50 million barrels of crude oil since the United States lifted its naval blockade on the country's energy…
Iran exported 50 million barrels of crude oil in two weeks after the US naval blockade was lifted, sending oil prices down more…
Iran exported 57 million barrels during a ceasefire. Strait of Hormuz traffic returning to normal by August 31 at 15.5% YES.
