Iran is loading almost three times the amount of oil it normally does onto tankers in the Persian Gulf in a sign it is anticipating a US attack that could prevent its oil from hitting the market.
Iranian oil exports from Kharg Island reached nearly 20.1 million barrels between 15 and 20 February, Bloomberg reported on Wednesday, citing Kpler data. That is the equivalent of more than three million barrels per day (bpd) and almost three times the amount loaded over the same dates in January, Bloomberg said. For comparison, Iran’s previous three-month average of loadings was 1.54 million bpd.
