tehran, April 29 -- Iran is rapidly running out of places to store crude oil, threatening to accelerate production cuts in what was once OPEC's second-largest source, according to research firm Kpler.
The Islamic Republic has enough unused storage capacity to last another 12 to 22 days, Kpler analysts wrote in a report on Monday. That is raising the prospect that Iran may be forced to cut daily oil output by another 1.5 million barrels by mid-May, they added. bloomberg
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