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Iran Runs Into Big Problem: No Buyers For Its Oil, As Full Tankers Pile Up Off China
"No one other than China, who was already buying it when it was sanctioned, has bought it, so it's still trading at a discount", and now not even China wants it.
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economictimes.indiatimes.com
Iran's unsold oil piles up at sea as buyers stay wary
Iran is struggling to sell its growing oil stockpile at sea as a US deadline looms, potentially costing Tehran vital revenue and weakening its negotiating position. Weak demand…
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theprint.in
Iran’s floating oil stockpile swells as major buyers stay away
Millions of barrels of Iranian oil have remained unsold as major buyers wait for more clarity on US sanctions.
