Iran’s aging tankers used for oil reserves as blockade strains storage capacity

Iran has reactivated the nearly 30-year-old supertanker Nasha to store approximately two million barrels of crude oil off Kharg Island in the Persian Gulf, as a US naval blockade that began on April 13 has constrained Iran's ability to export oil and forced storage capacity to critical levels, according to satellite imagery analyzed by United Against Nuclear Iran and Vortexa. The blockade has reduced inbound tanker traffic through the Strait of Hormuz to near zero, with US Central Command reporting 20 oil-laden supertankers clustered off Iranian ports as of April 28, while analysts warn that prolonged production halts risk permanent damage to mature Iranian oil fields through asphaltene precipitation in wells and pipelines.

Based on full article · updated 9m ago