Iran Seen Storing Oil at Sea as Refineries Carry Out Maintenance

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Iran is storing crude oil on board tankers off its coast, according to IHS Fairplay, a maritime researcher that collates data on vessel movements.

There are 11 tankers anchored for 28 days or more with cargoes, Richard Hurley, a senior maritime data specialist at Redhill, England-based IHS Fairplay, said by e-mail April 25. Ten are very large crude carriers that can hold 2 million barrels and the other is a Suezmax with half that capacity.