Shipping caught up again as US continues Iran crackdown

TradeWinds

… Last week, a US state department official told Reuters talks had “hit a wall”, though this week Iran's President Ebrahim Raisi said a “good” and “fair” deal was still possible. In August, Iran exported 1.37m barrels of oil per day, the most since December 2021, according to anti-JCPOA group United Against Nuclear Iran. The vast majority — over 977,000 barrels per day — were headed to China. Other recipients included Syria, the United Arab Emirates and Venezuela.