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How will Iran's total oil export volume in 2024 compare to 2023?
2
Resolution / Starting Odds
Increase by over 20% • 25%
Increase by 10-20% • 25%
Stable (+/- 10%) • 25%
Decrease • 25%
Annual oil export statistics from international energy agencies
Story
Iran's Jask Oil Terminal Begins Filling, First Time in Over Three Years, Bypassing Strait of Hormuz
Oct 18, 2024, 05:24 PM
Iran's oil terminal, designed to circumvent the strategically important Strait of Hormuz, has reportedly begun to partially fill with crude oil. This development offers Tehran a means to export some of its oil without relying on the congested waterway. The Jask terminal, located along the Gulf of Oman, has not seen exports in over three years, marking a significant change in its operational status. Satellite imagery confirms that the storage tanks at the facility have filled, although the terminal has limited capacity to ship the nation's oil. This information highlights Iran's ongoing efforts to enhance its oil export capabilities amid international sanctions.
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Similar markets
Yes • 50%
No • 50%
Increased exports to new markets • 25%
Reduced exports due to sanctions • 25%
Continued focus on current markets • 25%
Other • 25%
Below 500,000 barrels • 25%
500,000 to 600,000 barrels • 25%
600,000 to 700,000 barrels • 25%
Above 700,000 barrels • 25%
