3 Iranian Tankers Carry 5 Million Barrels Past U.S. Blockade as Oil Deal Nears
Updated
Updated · CNBC · Jun 17
3 Iranian Tankers Carry 5 Million Barrels Past U.S. Blockade as Oil Deal Nears
3 articles · Updated · CNBC · Jun 17
Summary
Three Iranian tankers have now cleared the U.S. Navy blockade line with nearly 5 million barrels of crude, marking the first outbound Iranian shipment in two months before Friday's Geneva signing.
Diona and Hero 2 carried 3.8 million barrels between them, while a third Iran-linked tanker hauled 1 million barrels, signaling shipowners are testing a reopening tied to sanctions relief and renewed oil sales.
Traffic is still expected to stay thin until the pact is formally signed, with the U.S. Navy telling the industry the blockade remains in force and insurers keeping war-risk premiums high.
Even so, dozens of VLCCs are already moving toward Gulf ports for a possible first-mover advantage, while Kpler estimates 118 laden tankers could leave the region within 15 days after the deal.