Iran is nearing forced oil production stoppages as storage tanks fill rapidly, with capacity set to be exhausted within 20 to 24 days, according to an April 22 update from Kpler, a commodities data firm that tracks global oil, gas, and shipping flows.
The firm said that Iran’s output has already fallen by around 750,000 barrels per day from pre-war levels, primarily due to lower domestic demand during the Iran war.
