Iran oil exports feel the squeeze, hitting a six-year low
Source: Baird MaritimePublished: June 4, 20260 views
Iran's crude oil and condensate exports fell to a six-year low of below 300,000 barrels per day in May. This decline is primarily due to the US naval blockade and the effective closure of the Strait of Hormuz. May exports averaged about 209,000 bpd, sharply down from 1.34 million bpd in April.
Iranoil exportsUS blockade