Iran Is Ready To Flood The World With Oil… It Just Has No Ships To Deliver It

Tuesday, April 19, 2016
By Paul Martin

by Tyler Durden

As increasingly more of Iran’s tanker fleet is currently utilized or is otherwise out of commission, Iran desperately needs foreign ships to execute its plans for a big export push to Europe and elsewhere and meet its target of reaching pre-sanction sales levels this year. There is just one problem: nobody is willing to give their spare tankers to Tehran, no matter the price.

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