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Tue, Jun

Strait of Hormuz closure would hurt Iran oil exports due to a lack of alternatives, analysts say

Strait of Hormuz closure would hurt Iran oil exports due to a lack of alternatives, analysts say

Iran has some crude oil export capacity along its Gulf of Oman coastline, away from the Strait of Hormuz, but not enough to close the strait without hurting itself.

The

Iran has some crude oil export capacity along its Gulf of Oman coastline, away from the Strait of Hormuz, but not enough to close the strait without hurting itself.

The Jask Oil Terminal, just east of the Strait of Hormuz, has loaded less than 300,000 barrels per day of crude and was operational for only a month last autumn, according to data from Kpler.

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