Iran running out of space to store its crude; is the real financial crisis still coming?

Apr 28, 2026 - 12:30
Iran running out of space to store its crude; is the real financial crisis still coming?

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Iran faces a critical storage crunch, with only weeks of capacity left, potentially forcing production cuts of 1.5 million barrels per day. Despite a sharp drop in oil exports due to a naval blockade, the immediate financial impact on Tehran may be delayed for several months.

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