Iran’s Oil Exports Dip as Stricter Trump Sanctions Loom

Iranian oil exports dipped in October as Tehran loaded fewer cargoes waiting for the Israeli retaliatory attack for Iran’s missile strike, and they are expected to further slide next year when Donald Trump returns to the White House. Iranian oil exports likely fell by about 200,000 barrels per day (bpd) – 350,000 bpd last month, commodity intelligence analysts told Iran International. Vortexa has tracked Iran’s oil loadings at 1.5 million bpd in October, down from previous months. Most of the decline occurred in the first half…