US sanctions leave millions of Iranian oil barrels stranded at seaPublished on: July 9, 2026 10:30 AM
Pakistan, July 9 -- Millions of barrels of Iranian crude oil have become stranded at sea after the United States (US) ended a sanctions waiver that had temporarily allowed Tehran to export oil under limited conditions. The move has significantly increased pressure on Iran's energy sector and raised concerns about global oil supply and regional stability.
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According to a report by Bloomberg, vessel-tracking data shows that tankers carrying approximately 63 million barrels of Iranian crude oil are either anchored or moving slowly between the Persian Gulf and the Strait of Malacca. The ships are reportedly unable to complete deliveries due to renewed US restrictions on Iranian ...
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