Iran is closer to finding a way to circumvent the crucial Strait of Hormuz when it comes to oil exports
. The Jask oil terminal, officially opened a few years ago, has seen but limited activity so far. However, recent satellite imagery reveals it has partially filled the facility with crude oil in what is being construed as a significant development in Tehran's oil export strategy. The importance of Jask has increased as of late as tensions with Israel grow.
The terminal was designed to load up to 1 million barrels per day and store 20 million barrels. However, only one of the three planned loading buoys has been installed, limiting its operational capacity. Kharg Island, Iran's primary oil export hub, has in the past handled three times that volume, maintaining its status as the dominant outlet since the 1960s.
Oil Oil Exports Sanctions Geopolitics Tankers Kharg Island
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