Seeking Alpha

Iran is forced to deploy more than half its fleet of supertankers to store oil at anchorage in...

Iran is forced to deploy more than half its fleet of supertankers to store oil at anchorage in the Gulf as buyers of its crude cut back because of sanctions, Reuters reports. Shipping data suggests Iran's difficulties in selling its oil are getting more acute; with more than half its tanker fleet acting as floating storage, Iran's capacity to export oil is severely curtailed.
Comments (8)
  • SanDiegoNonSurfer
    , contributor
    Comments (2567) | Send Message
     
    Hmm...flammable resources floating in the Gulf. Sounds like an Israeli tactical target to me.... More practical than attacking inside Iran.
    23 Apr 2012, 05:11 PM Reply Like
  • Dr. V
    , contributor
    Comments (1179) | Send Message
     
    Although your observation is indeed accurate, let's not be so quick to keep invoking Israel here as "hot to attack", or identifying "tactical targets" for Israel. They certainly need no encouragement, and ANY action they may or may not take, would merely be part of a "concerted effort", their acting "on behalf of the US."

     

    Strategic ties are stronger than ever, and Israel has become a reliable ally of the United States. America purchases innovative and advanced Israeli weapons systems, works together with Israeli companies on missile defense, and shares intelligence. Most important, is the fact that Israel remains America’s ONLY reliable democratic ally in the region. Strategic cooperation has progressed to the point where a "de facto alliance" now exists to the point that the United States, KNOWS it can count on Israel.

     

    The US has more reason to attack Iran than anyone.

     

    See:
    http://on.cfr.org/K4OTKF

     

    and

     

    http://on.cfr.org/K4ORT8
    24 Apr 2012, 04:43 AM Reply Like
  • SanDiegoNonSurfer
    , contributor
    Comments (2567) | Send Message
     
    That was what we call a snide comment, V. American humor. Not meant to be taken seriously.
    24 Apr 2012, 10:53 AM Reply Like
  • untrusting investor
    , contributor
    Comments (9923) | Send Message
     
    More worldwide marco headwinds. Are there still plenty more in the pipeline yet?
    23 Apr 2012, 06:21 PM Reply Like
  • 544
    , contributor
    Comments (29) | Send Message
     
    If they can not sell the oil then let them drink it.
    23 Apr 2012, 08:17 PM Reply Like
  • The Geoffster
    , contributor
    Comments (4009) | Send Message
     
    Is this Bush's fault?
    23 Apr 2012, 08:55 PM Reply Like
  • Moon Kil Woong
    , contributor
    Comments (11015) | Send Message
     
    Apparently they aren't hurting enough not to stop trying to build a nuke.
    23 Apr 2012, 11:29 PM Reply Like
  • bbro
    , contributor
    Comments (9319) | Send Message
     
    Supply waiting to hit the market someday??
    24 Apr 2012, 02:33 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|