Iran oil production now barely above domestic needs - TankerTrackers

 

Iran’s crude oil production has fallen in recent months to only slightly above the level needed for domestic refining and consumption, helping explain a sharp decline in loadings at the country’s Kharg Island export terminal, TankerTrackers said.

“The reason why we are not seeing many loadings anymore at Kharg is because Iran’s crude oil production has (in recent months) dropped to a level just slightly north of its domestic refining/consumption,” the oil-tracking firm wrote on X.

TankerTrackers said this meant Iran was under “very little pressure to export,” but later clarified that it was referring specifically to logistical pressure, not economic pressure.

https://www.iranintl.com/en/202608214260