Iran Oil Flows Seen Curbed by Rush for Unsanctioned Tankers

By Olga Tanas and Julian Lee

Feb 25, 2025 (Bloomberg) –Iranian oil sellers risk facing significant hurdles moving their cargoes out of the country as competition for unsanctioned tankers from Russia and Venezuela intensifies, according to analytics firm Kpler.

Iran “is already grappling with shortage of available shipping capacity,” senior crude oil analyst Muyu Xu said at a Kpler event in London Monday. “There is only a number of tankers on the market willing to take high-risk sanctioned oil and now Iran needs to compete with Russia and Venezuela to secure …