Loading...
Market
How will the stranded oil issue be resolved by the end of 2025?
2
Resolution / Starting Odds
Diplomatic agreement • 25%
Legal action • 25%
Third-party mediation • 25%
Unresolved • 25%
Official announcements from Iranian or Chinese government or major news outlets
Story
Iran Seeks to Sell 25 Million Barrels of Stranded Oil Worth $1.7 Billion from China After Six Years
Jan 8, 2025, 11:40 AM
Iran is seeking to recover approximately 25 million barrels of oil, valued at $1.7 billion, that have been stranded in Chinese ports for six years due to sanctions imposed by former U.S. President Donald Trump. Reports indicate that Iran is pressuring China to allow the sale of this oil, which has been held up in ports like Dalian and Zhoushan. The stranded oil has been in limbo since the sanctions were enacted, and Iranian and Chinese sources confirm the ongoing negotiations for its release.
View original story
Similar markets
Other • 25%
Chemical dispersants • 25%
Mechanical skimmers • 25%
Booms and barriers • 25%
No • 50%
Yes • 50%
Turkey • 25%
Ukraine • 25%
Other • 25%
Russia • 25%
2,000 to 3,000 tons • 25%
More than 3,000 tons • 25%
Less than 1,000 tons • 25%
1,000 to 2,000 tons • 25%
Bioremediation • 25%
Mechanical recovery • 25%
Chemical dispersants • 25%
Other methods • 25%
