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Iran’s oil exports via Kharg Island drop below 500k bpd by June 30

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Iran’s oil exports via Kharg Island drop below 500k bpd by June 30

Market overview

Given the recurring empty status of Kharg Island’s jetties, geopolitical tensions, and historical export patterns, Iran’s oil exports via this critical hub are likely to decline further. Sanctions and regional instability will exacerbate the shortfall.

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Implied probability (Yes)
72%

Source: user-generated

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