Iran has released six supertankers from its fleet of vessels storing crude oil, a 40% reduction that may mean more oil heading to Europe, Bloomberg has reported, citing tracking data. According to data from the ships collected by AISLive, rhe National Iranian Tanker Co has nine supertankers stationed off the UAE and its own coast, down from 15 of the vessels on April 27. The six tankers that have been released can hold about 12 million barrels of oil.
You might also like...
Rainmaking in the world economy
19 April 2024
Oman receives Madha industrial city tender prices
19 April 2024
Neom seeks to raise funds in $1.3bn sukuk sale
19 April 2024
Saudi firm advances Neutral Zone real estate plans
19 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.