Iran says oil exports continue despite cancellation of US waivers

Iran said its oil exports are continuing as usual despite the cancellation of a 60-day U.S. sanctions waiver last week, per oil minister Mohsen Paknejad. The statement suggests near-term export flows may not change immediately, but it increases uncertainty around enforcement and potential future disruptions for crude supply.

Analysis

Iran said its oil exports are continuing as usual despite the cancellation of a 60-day U.S. sanctions waiver last week, per oil minister Mohsen Paknejad. The statement suggests near-term export flows may not change immediately, but it increases uncertainty around enforcement and potential future disruptions for crude supply.