Torbjörn Törnqvist, CEO of Gunvor Group (an energy commodities trading company), announced that Western sanctions against the Iranian and Russian regimes have led to an unprecedented volume of oil being stored on ships. Reuters reported on Wednesday, November 5, from the ADIPEC Energy Conference in Abu Dhabi, quoting Törnqvist as saying: “This is unprecedented, the … Continue reading Unprecedented Volume of Iranian Oil Lingering in Ships Due To Sanctions