Sanctions Threaten Iran’s Hefty Oil Products Trade, Too

摘要

The decision of US President Donald Trump to reimpose trade and finance sanctions on Iran later this year not only threatens the 2.2 million barrels to 2.3 million barrels per day of crude oil that Iran exports to Europe and Asia. Also in danger are shipments of Iranian refined products — including fuel oil, gas oil and LPG — and potentially gas condensate, which together account for close to 1 million b/d of additional sales.