Iranian oil comes out of shadow

Near China, off the coast of Singapore and in the Persian Gulf there are tankers with 93 million barrels of Iranian oil. Tens of millions are stored in storage facilities, Bloomberg reports with reference to KPLER.

All this oil is ready for sending to world markets in case of resuming a nuclear transaction between the United States and Iran.

Experts claim that Tehran is preparing to fill the void in the European market, which was formed after Europe refuses Russian oil. Analysts are also sure that Tehran will compete for the Asian markets, where Russia dominates.