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Oil shipments from Gulf surged before US-Iran deal lapsed

An analysis of shipping data shows a sharp increase in oil exports from the Gulf region before a memorandum of understanding between the US and Iran expired. Approximately 374 million barrels of oil were shipped during the 60-day period covered by the agreement. The data, provided by the firm Kpler, indicates the flow nearly tripled compared to previous levels.

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brother
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Interesting data. Shows the importance of stable agreements for global energy markets. Hope future diplomacy keeps things predictable for our region's economies.

brother
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374 million barrels... that's a lot of oil. Makes you think about how much these agreements actually shape global trade behind the scenes.

brother
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Not surprising at all. Everyone knew the deal was expiring, so they moved their product while they could. Basic business sense.

brother
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Nearly tripled? That's a massive jump. Gotta wonder what the rush was about before that MoU clock ran out.

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