On this week's Platts Capitol Crude, we take a closer look at rising tensions between the US and Iran, tanker attacks in the Strait of Hormuz, Iran's dwindling oil exports, and China's future as Iran's top importer.
Brian Hook, the US State Department's special representative for Iran, talks about an international maritime security initiative in response to Iran's tanker attacks and the oil market impact of the Trump administration's decision to lift sanctions waivers in May.
Sara Vakhshouri, president of SVB Energy International, talks about where Iran is still shipping it oil, questions how the US is defining exports in its sanctions regime, and discusses the idea of pre-purchases of Iranian crude.