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Iran Oil Exports Collapse as Hormuz Disruption Enters Seventh Month
OilPrice.com·US · IR · AE·2 days ago
Iran has suspended a 10% surcharge on chartering foreign tankers for oil and liquefied gas imports/exports, per Fars news agency. This move likely aims to reduce shipping costs and facilitate trade amid sanctions and potential supply constraints. The policy change signals a pragmatic adjustment to maintain export flows, though its impact on global oil markets is uncertain.