Vortexa: Iran crude exports fall to zero under US blockade ...Iraq

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Vortexa: Iran crude exports fall to zero under US blockade

Shafaq News- London

Iran’s seaborne crude exports fell to zero in the secondweek of September and remained there through October 5, energy analytics firmVortexa reported on Tuesday.

    Vortexa said Iranian crude exports had averaged 230,000barrels per day on a 14-day basis at the start of September. Meanwhile, crudeflows from Gulf producers excluding Iran recovered to more than 81% of pre-warlevels, driven by higher Saudi exports.

    Tehran still held about 83 million barrels of crude aboardtankers, including 43 million stranded west of the Strait of Hormuz. Vortexamaritime risk director Claire Jungman said the blockade had achieved what yearsof sanctions could not by effectively stopping Iranian crude from leaving theGulf.

    Liquefied petroleum gas exports from Iran also fell 48%month-on-month to their lowest level since at least January 2023, according toVortexa.

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