Vortexa says Iran's seaborne crude oil exports fell to zero from the September second week, and had still not recovered as of October 5
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AT A GLANCE
Vortexa said the US naval blockade caused Iran's seaborne crude oil exports to fall to zero, and as of October 5 they had still not recovered.
Article
Vortexa: US blockade causes Iranian crude oil exports to fall to zero,October and they have still not recovered
BlockBeats reports that October 14, according to a report by energy intelligence platform Vortexa, the US naval blockade caused Iran's seaborne crude oil exports to fall to zero from September the second week, and they had still not recovered as of October 5, while September at the beginning, the 14-day average export volume was 230000 barrels per day.
Iran's offshore tanker-held oil inventories have now fallen to 83000000 barrels, of which 43000000 barrels are stranded west of the Strait of Hormuz due to the US blockade. Vortexa said the US blockade has effectively blocked Iranian crude oil from leaving the Persian Gulf. Iran's liquefied petroleum gas exports fell 48%month on month, reaching their lowest level in at least 2023 years January since.
Meanwhile, Russia's September crude oil exports rose 6%month on month to 3790000 barrels per day, accounting for approximately 80%of the combined high-risk crude oil exports of Iran, Russia, and Venezuela. The three countries'September total exports amounted to 4730000 barrels per day, down from 6390000 barrels per day in the same period last year. In addition, excluding Iran, oil exports from the Gulf region have recovered to more than 81%of pre-war levels, mainly driven by a recovery in Saudi exports. (Jinshi)
Original link https://m.theblockbeats.info/flash/371646
Key points
01
According to a Vortexa report relayed by BlockBeats, Iran's seaborne crude oil exports fell to zero from the September second week, and had still not recovered as of October 5
02
September at the beginning, the 14-day average export volume was 230000 barrels per day.
03
Iran's offshore tanker-held oil inventories fell to 83000000 barrels, of which 43000000 barrels are stranded west of the Strait of Hormuz due to the US blockade.
04
Vortexa said the US blockade has effectively blocked Iranian crude oil from leaving the Persian Gulf.
05
Iran's liquefied petroleum gas exports fell 48%month on month, reaching their lowest level in at least 2023 years January since.
06
Russia's September crude oil exports rose 6%month on month to 3790000 barrels per day, accounting for approximately of the combined high-risk crude oil exports of Iran, Russia, and Venezuela 80%。
07
The three countries'September total exports amounted to 4730000 barrels per day, down from 6390000 barrels per day in the same period last year.
08
Excluding Iran, oil exports from the Gulf region have recovered to more than 81%of pre-war levels, the article said, mainly driven by a recovery in Saudi exports.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The report says that Iran's seaborne crude oil export routes have been affected by the US blockade, with export volumes at one point falling to zero and some crude oil consequently remaining on tankers. Meanwhile, Russia's crude oil exports increased, and Gulf-region exports excluding Iran also recovered to some extent.
Why it matters to readers
The relevant data indicate that Iran's crude oil and liquefied petroleum gas shipments have been significantly restricted, and also show that Russia accounts for a relatively high share of the three countries' high-risk crude oil exports. However, the material does not provide oil price or market pricing data, so it cannot be used to confirm the specific impact on international oil prices.
Beginners may watch whether Iranian exports resume, whether blockades and shipping restrictions change, and whether export growth from other oil-producing countries can make up for the supply reduction; do not assess oil price trends based solely on a single secondhand account.
Risks and unknowns
The material relays a Vortexa report via BlockBeats, but does not include the content of Vortexa’s original report; the relevant data still lacks verification against the original material.
The material provides no cross-verification from independent sources regarding the impact of exports falling to zero, oil storage levels, and the blockade.
It remains unclear whether Iran's seaborne crude oil exports October 5 resumed afterward.
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The material provides no information on international oil price reactions or market pricing data.
Related concepts
Seaborne crude oil exports
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