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Iran has been moving oil into place to prepare for an eventual restart, given the U.S. lifting sanctions if a nuclear deal is reached. According to energy consultancy and monitoring firms, the country could quickly export millions of oil barrels, as the National Iranian Oil Company (NIOC) is expected to export from onshore and offshore storage that contains as much as 200 million barrels.

Iran stores more oil on tankers as it prepares for an eventual restart

Iran has been moving oil into place to prepare for an eventual restart, given the U.S. lifting sanctions if a nuclear deal is reached. According to energy consultancy and monitoring firms, the country could quickly export millions of oil barrels, as the National Iranian Oil Company (NIOC) is expected to export from onshore and offshore storage that contains as much as 200 million barrels.

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