Iran’s Tanker Blacklist Raises New Risks for Gulf Oil

Three Indian refining companies and “a global energy major” will stop using tankers included in a black list that Iran issued earlier on Sunday in response to U.S. sanctions, Reuters has reported, citing unnamed sources. The list includes 45 vessels that, according to Tehran, had violated its rules

Source: OilPrice.com

DW NOTE

Iran's six-month blockade of the Strait of Hormuz has already cut global oil supply by 4.3 million barrels per day and reduced transit traffic to 130 ships daily from a normal 236. A blacklist doesn't raise new risks — it formalises the seizure regime that's been throttling Gulf exports since February.

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