Iran Runs Into Big Problem: No Buyers For Its Oil, As Full Tankers Pile Up Off China
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Source: Zero Hedge
Published: 2026-07-03 05:40 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Asia, Natural Disasters, Iran, Energy, China, World News, US Politics, Environment & Climate, Asia Pacific
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Snippet:
Iran was euphoric when as part of the Trump MOU, it got permission to flood the world with its oil after Trump effectively eliminate sanctions that had been in place for 40 years. However, it has quickly run into another, potentially far bigger problem: as the armada of Iranian oil tankers exits the Persian Gulf, it is now struggling to find buyers before the expiry of a 60-day window granted by Washington,
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