Iran Already Scrambling For Oil Storage After Two Weeks Of US Blockade
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Source: Zero Hedge
Published: 2026-04-28 19:45 UTC+10:00
Section: General
Factuality Score: 92
Opinion Category: Neutral
Topics: Business, Middle East, Iran, Energy, Economy & Finance, US Politics, Business & Economy
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Snippet:
Trump's blockade is having a predictable effect on Iran's economy and oil industry, with reports that the regime is scrambling to repurpose old and rusty tankers as floating storage. Kharg Island is hitting capacity and the results could lead to disaster for Iran's oil wells.
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