Iranian oil tankers signal export willingness

Iran’s oil tanker fleet started enabled vessel tracking systems in a signal to customers that it’s ready to return to world markets barely 48 hours after Tehran agreed on an interim deal on November 24 to restrict its nuclear program in return for sanctions relief, Thomson Reuters data revealed.

Before the deal’s announcement in Geneva, more than 50-75 percent of National Iranian Tanker Co (NITC) tankers were seen to have their transponders turned off, according to information provided by Thomson Reuters Oil Analytics.

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via Iranian oil tankers signal export willingness.

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