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

|By:, SA News Editor

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.