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Infographic: Race starts to replace Iran oil grades as US waivers end

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Infographic: Race starts to replace Iran oil grades as US waivers end

  • Author
  • Eklavya Gupte
  • Commodity
  • Oil
  • Topic
  • US Sanctions on Iran

Producers of heavy and medium sour crudes like Saudi Arabia, Russia, UAE, and Iraq are amongst the winners from US sanctions aimed at Iranian shipments.

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Below is an infographic looking at which producers and crude grades may gain market share when US waivers for Iranian oil purchases expire on May 2.

Click here for full-size graphic

Infographic: Race starts to replace Iran oil grades US waivers end