02
Dec

Growth of Iranian exports reduces mainstream crude tanker demand: Frontline

The higher call on sanctioned tankers to carry Iranian exports is weighing on mainstream fleet demand, crude tanker firm Frontline said. Iran’s crude exports climbed from below 400,000 b/d in 2019 to 1.56 million b/d in October 2024, according to ship tracking data from S&P Global Commodities at Sea. Most of Iran’s heavily sanctioned, discounted …