Spectre of Iran’s ‘ghost ships’ haunts oil outlook | Financial Times:
If the US wants to drive Iran’s oil exports to “zero”, as secretary of state Mike Pompeo has repeatedly said, it may have far more work to do than the oil market realises.
While Iran’s exports were thought to be falling sharply ahead of US sanctions that take effect on November 4, the latest data from one group using satellite tracking and imagery suggests that Tehran is still finding plenty of willing buyers.
TankerTrackers, an operation that monitors oil flows around the globe, said that, in the first two weeks of October, Iran’s oil exports had averaged more than 2.2m barrels a day.
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