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TEHRAN, Iran- Iranian oil exports are increasing dramatically, destabilizing market expectations and complicating the growth of global oil supplies. TankerTrackers.com Inc., which specializes in the use of satellite imagery to track oil shipments. Recent reports indicate that Iranian exports increased by more than 2 million barrels per day in the first 20 days of August. This massive outflow comes as other major oil producers, including Saudi Arabia and Russia, are actively reducing production The rise in Iranian oil exports is particularly interesting in light of the ongoing sanctions imposed by the United States aimed at disrupting Iranian oil exports. Despite these constraints, rising Iranian oil supplies help reduce the impact of consumption by other members of the OPEC+ coalition downstream of production.

Figures from TankerTrackers.com reveal that in the first half of August, Iran exported about 2.2 million barrels of crude oil and condensate per day. These exports far exceed the previous monthly record for the year, indicating a remarkable increase in Iranian oil production. While this increase was already evident, the August figures confirm the sustainability of the trend. The average flow over the last 28 days is about 2.1 million barrels per day. Tracking oil flows from Iran presents significant challenges due to intermittent deactivation of tanker transponders, making traditional tracking methods unreliable TankerTrackers.com by satellite photographic and manual data collection serve to provide an accurate picture of Iranian oil exports, thus relying on automatic identification system (AIS) ) signals It is complete.

Notably, none of the shipping containers come from floating storage tanks, although some could have come from on-site storage tanks, according to Samir Madani telling the founders of TankerTrackers.com.

• Crude
• Condensate

Barrels / Day

1.3M

99.7K

Total 1.4M

The increase in exports is primarily driven by shipments of crude oil, the fraction of which cools light oil The largest share of these exports is sent to China, practice which is strategic as other former customers such as South Korea and Japan withdraw from the approved Iranian barrels. India, which used to be a major importer of Iranian oil, is turning its attention to Russian oil.

Iranian oil exports are on the rise amid diplomatic efforts to ease tensions between Iran and the United States. Negotiations take place through mediation, aimed at preventing conflicts from escalating into major conflicts. As a step towards building mutual trust, Iran suspended US sanctions. a prisoner for frozen foreign currency. The talks also touched on Iran’s commitment to limit uranium enrichment and increase cooperation with international nuclear researchers, potentially providing benefits for crude oil exports high.

But problems remain in the vital Strait of Hormuz, through which about a fifth of the world’s oil passes. Iranian actions, such as harassing carriers and ships, have raised security concerns. The United States has responded by strengthening its navy in the region, underscoring the continued fragility of the situation.

As Iranian oil exports continue to rise, the global oil market takes on complex trends that will shape supply and demand, affecting economic and energy policies around the world.