Iranian Oil Exports Fall to 209,000–260,000 bpd in May Amid U.S. Blockade, Tightening Global Supply
Vortexa data showed Iranian shipments dropped sharply from April levels as a U.S. naval blockade remained in force. Kpler placed the figure at 260000 barrels per day.
asiaone.comIran exported 209000 barrels per day of crude oil and condensate in May 2026, according to shipping data from Vortexa. 9 million barrels per day in March. Kpler estimated May exports at 260000 barrels per day.
That level was the lowest since the height of the Trump administration's maximum pressure campaign in 2019-2020. S. naval blockade took effect in April 2026. Iranian floating storage inventories fell from roughly 190 million barrels in late April to about 147 million barrels as of early June, Kpler said.
1 million barrels per day in May, the lowest level since January 2025. Roughly 67 million barrels of Iranian crude and condensate remain stranded inside the Gulf and Gulf of Oman, according to Kpler. Kpler analyst Homayoun Falakshahi warned that if the blockade remains in place for another two months, Iran could effectively run out of available oil to ship to China.
Iranian Light crude moved from premiums to discounts against Brent for the first time in two months. Independent Chinese refiners began cutting processing rates amid weak margins and comfortable fuel inventories. com reported.
