Iran's oil stockpile at sea is growing as the country struggles to find buyers ahead of the expiry of a 60-day window set by Washington, Bloomberg reported.
More than 58 million barrels of Iranian crude and condensate were on the water as of July 1, according to data from Vortexa cited by Bloomberg. Over 90% of this had no clear destination, with vessels signalling "for orders" status or Singapore as their next port of call, indicating possible ship-to-ship transfers in the Malacca Strait.
