Iran’s unused oil storage may last 22 days or less - Bloomberg
Iran’s unused onshore oil storage capacity may last 22 days or less at current production rates as the US blockade constrains exports, according to data cited by Kpler.
The shrinking storage window increases the risk that Tehran may soon be forced to make deeper production cuts.
Analysts warn prolonged cuts could damage reservoir pressure in mature oil fields and reduce long-term recovery rates.
