The International Energy Agency (IEA) states that recent U.S. sanctions on the “shadow fleet” of Russia and Iran will likely have a “significant” impact on the oil revenues of both countries. The report adds that approximately one-third, equivalent to 500,000 barrels per day, of Iran’s oil exports in 2024 were carried out using tankers that … Continue reading IEA Weighs in on The Impact of New U.S. Sanctions on Iran’s Oil Exports