Monitoring firm says Iran can sustain production despite blockade

TankerTrackers.com said the belief that the United States blockade of Iranian ports will soon force Iran to halt oil production is incorrect.

In a post on X, the firm said: “The ongoing narrative that Iran’s oil storage will fill up ASAP and cause production to shutter is wrong.”

“Fact is that they can refine that entire amount of oil just for domestic consumption,” it said, noting that Iran had previously reduced output to just under 2 million barrels per day and could process that volume internally.