Iran's crude oil exports rebounded in the second half of December after a slow start to the month, despite ongoing US sanctions and regional tensions.
Crude oil exports out of Iran rebounded in the second half of December, from a slow start to the month, according to vessel-tracking firm TankerTrackers.com. “ Iran 's crude oil exports have rebounded sharply after a slower first half of December 2024,” the tracking service has posted on X, without providing numbers. Iran ’s crude is not going to Syria now, TankerTrackers.com added. Before the rebound in crude oil shipments observed by TankerTrackers.
In the middle of December, Iranian media reported that Iran’s oil exports to China slumped in November by 524,000 barrels per day bpd from October. At 1.31 million bpd, the Islamic Republic’s exports to its main buyer were the lowest in four months in November. Iran is ready to face possible additional sanctions on its oil exports when President-elect Trump takes office early next year, Iranian Oil Minister Mohsen Paknejad was quoted as saying in November.
Oil Exports Sanctions China Tankertrackers Brent Revolutionary Guards Middle East Rebound Slowdown
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