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Iran Exports Over $6 Billion in Oil Products Before US Blockade Reinstatement
Iran exported over $6 billion worth of oil products in the 26 days before the U.S. reinstated a blockade on July 13. The exports included more than 80 million barrels, but approximately 30 million barrels remained in storage due to the blockade. Reports indicate that Iran's total oil storage capacity is around 95 million barrels, with additional floating storage available.
Our neutral summary
Iran exported over $6 billion worth of oil products in the 26 days before the U.S. reinstated a blockade on July 13. The exports included more than 80 million barrels, but approximately 30 million barrels remained in storage due to the blockade. Reports indicate that Iran's total oil storage capacity is around 95 million barrels, with additional floating storage available.
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