A Panamanian tanker is docked at an oil export facility on the Iranian island of Khark. Iran's oil exports are expected to fall as much as 1.5 million bpd post-sanctions. AFP
A Panamanian tanker is docked at an oil export facility on the Iranian island of Khark. Iran's oil exports are expected to fall as much as 1.5 million bpd post-sanctions. AFP

Energy

US to offer 11 million barrels of oil as sanctions on Iran crude kick in

Timing may reflect the White House’s concern over a tight oil market

Bloomberg

August 21, 2018