Earlier on an Iran weekend news item:
Bloomberg have a piece up (gated) saying:
- a sizable stash of crude oil being stockpiled by Tehran could be quickly shipped to buyers if a deal goes through
- Bloomberg says Iran has around 93 mn barrels of crude and condensate currently stored on ships in the Persian Gulf, off Singapore and near China, citing data from a ship-tracking company. Another source estimated stocks at 60 to 70 mn barrels.
- “Iran has built up a sizeable cargo fleet that could come to market fairly soon”
