Iran intensified oil exports. Race with time


From June 13, when the Israeli offensive against Iranian nuclear and military command began, Iran exported an average of 2.33 million barrels a day (BPD), according to the data of tankertrrackers.com cited by Bloomberg.
The average from the last Friday is 44 percent. Increase in average shipments from Iran compared to 12 months to June 12.
“They try to get as many barrels as possible, but their priority is safety,” Bloomberg told Tankertrartrackers co -founder Samir Madani, commenting on the Iranian strategy of oil transport over the past few days.
Installations of oil extraction and exports not used by Israel
Despite persistent fears of disturbances in the supply of oil and LNG from the Middle East, there are no signs that the key export infrastructure in Iran has become the target of the attack.
The Iranian island of Kharg in the Persian Gulf is the main oil terminal and a trading junction supporting 90 percent. exports of Iranian oil, which then flows through the Strait of Ormuz, the most critical point in the world.
Since the conflict does not seem to weaken, the supply of oil from the Middle East may be threatened, if both sides decide to attack the key energy infrastructure in the region, said RBC Capital Markets analysts in the note at the beginning of this week.
Cerest Cereant Strait
Analysts say that the greatest fear of the oil market – the closing of the Strait of the Ormus – seems to be a distant perspective for now, although they admit that if the oil flow in the strait is disturbed, prices can easily reach $ 100. for a barrel.
A significant disturbance of almost one third of global oil trade flowing through the Strait of ORMUZ would be enough for oil prices to rise to $ 120. For the barrel, on Wednesday they found ING Warren Patterson and Ewa Manthey strategists.




