More Than 20 Million Barrels Leave Iran as Post-War Oil Trade Reawakens

By Weilun Soon, Julian Lee, Grant Smith and Prejula Prem (Bloomberg) —

Iran is shipping large amounts of oil that had previously been held back by a US blockade, a potential boost for Tehran after it signed an interim peace deal with Washington on Wednesday.

A total of 11 tankers hauling a combined 20 million barrels of oil were detected leaving the Iranian port of Chabahar on the Gulf of Oman this week, shipping data compiled by Bloomberg show. The US military had prevented the vessels from sailing out into the Indian Ocean, part of an effort to squeeze Tehran’s access to