Despite sanctions lifted, Iran struggles to release oil reserves VnExpress Iran's oil stockpiles are unlikely to decrease quickly as traditional customer China shifts its strategy, and other nations increase oil production.
100 million barrels of oil have passed through the Strait of Hormuz VnExpress Trump and experts state over 100 million barrels of crude oil successfully navigated the Strait of Hormuz, but it is still insufficient to ease shortages.
Iran's oil exports hit a 6-year low VnExpress Iran's oil exports in May plummeted to just 15% of the previous month's volume, partly due to a US blockade campaign.
US crude oil exports hit record high VnExpress Conflict in the Middle East continues to drive up US fuel demand, helping the nation's oil exports set new records in recent months.
