Iranian crude stockpiled on tankers near the Strait of Hormuz has surged 65% since the U.S. naval blockade began in April, with 42 million barrels now adrift at sea.

Iranian crude stockpiled on tankers near the Strait of Hormuz has surged 65% since the U.S. naval blockade began in April, with 42 million barrels now adrift at sea.

About 42 million barrels of Iranian crude are now sitting on Iranian tankers, many of these old vessels, in the Middle East, a 65% surge compared to the beginning of the war, per…