The United States’ naval blockade has choked Iranian crude exports to a standstill following its re-introduction in July. Data from intelligence firm Kpler shows that whilst Iran managed to export around 1.7mn b/d in the first two months of the regional conflict, volumes were just 255,000 b/d in August and not a single cargo has transited since (MEES, 9 October).
Evidence is now emerging that shows the Islamic Republic is managing to maintain small clandestine exports of oil products and LPG cargoes out of the Strait of Hormuz. According to Reuters and satellite tracking firms, Iran has managed to export a jet-A1 cargo to Myanmar, despite US claims that the blockade has completely cut off the country’s ability to do so. The report stated that a trail of false documentation was used to disguise the cargo’s origin, which is expected to be used by Myanmar’s military. (CONTINUED - 335 WORDS)
