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Has Iranian Crude Become Irrelevant To Global Oil Supply?
The reinstated U.S. blockade on Iranian oil exports is effectively preventing Tehran from exporting oil, making Iran’s oil volumes irrelevant for global oil market balances, Bob McNally, president of Rapidan Energy Group, told CNBC on Thursday.
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oilprice.com
Has Iranian Crude Become Irrelevant to Global Oil Supply? | OilPrice.com
A renewed U.S. naval blockade has largely halted Iranian crude exports while extreme diesel-market tightness suggests oil prices may still be underpricing the disruption.
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zerohedge.com
Has Iranian Crude Become Irrelevant To Global Oil Supply?
The reinstated U.S. blockade on Iranian oil exports is effectively preventing Tehran from exporting oil, making Iran’s oil volumes irrelevant for global oil market balances, Bob…
