U.S. sanctions force Iran to take extreme measures to continue oil extraction

Odaily reported that due to the U.S. blockade of Iranian ports, Iran is unable to ship oil to its customers, and empty oil tankers cannot dock for loading, leading to a continuous backlog of its oil inventories. To prevent the shutdown of some oil fields, Iran has begun storing oil on floating tankers. However, according to current and former Iranian officials, the country, which heavily relies on oil exports for most of its revenue, is now adopting methods previously unused to save storage space. These officials stated that Iranian authorities are using containers and "rudimentary storage facilities," namely abandoned and deteriorated storage tanks in the southern oil hub cities of Ahvaz and Assaluyeh, to stockpile oil. (Wall Street Journal)