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In this ZeroHedge article, staff writers report that Iran oil exports through the Strait of Hormuz have hit wartime highs as the U.S. lifted its naval blockade and Tehran rushes to evacuate barrels amid fragile peace discussions.
- At least three supertankers carrying 6 million barrels of Iranian crude transited Hormuz early Monday, the highest daily volume openly moving out since the war began on February 28.
- The tankers signaled destinations near Singapore for ship-to-ship transfers, primarily bound for China’s independent refiners.
- Iran is capitalizing on the reopened chokepoint after weeks of restrictions, boosting exports that suffered under the blockade.
- Western shippers remain wary due to conflicting U.S.-Iran signals about safe passage through Hormuz.
- The surge provides Tehran a critical lifeline for revenue as normalization efforts remain fragile.
Read the full story:
https://www.zerohedge.com/energy/iran-oil-exports-through-hormuz-hit-wartime-high
