🇮🇷🇺🇸 Iran’s biggest oil terminals have been sitting virtually EMPTY for weeks and the U.S. naval blockade appears to be choking off Tehran’s crude exports. No crude tanker has docked at Kharg Island, the hub handling almost all Iranian crude exports, since late August. Iran was exporting almost 1 million barrels a day in July. Since late August, tracked crude exports have fallen to essentially zero. That’s a dramatic reversal for a country that exported nearly 650 million barrels in the year through April, mostly to China. Iranian crude is disappearing from the global market, and Chinese refiners are being forced to compete elsewhere for oil and tankers. Source: Bloomberg / Writer: Samue