Iran Moves More Oil Onto Ships in Preparation for a Nuclear Deal
- About 30 million barrels added to tankers since early December
- Diplomats are working on an accord that would ease sanctions
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Iran is shifting more oil onto ships in a move to speed exports should talks succeed in ending its exclusion from global energy markets.
The amount of oil on tankers has jumped by 30 million barrels since early December to 103 million barrels, according to analysis firm Kpler. The increase comes as diplomats in Vienna work on a deal to limit Iran’s nuclear program in return for easing sanctions that have kept it from selling most of its crude.