According to ship-tracking and the European Union data compiled by Bloomberg. arrivals on supertankers will reach 622.581 barrels a day in January. the biggest flows for a single month since at least November 2011.
Two Iranian supertankers. Huge and Snow. are en route. bringing about 4 million barrels between them.
It shows that Iran is reclaiming its previous share in the global oil market after anti-Tehran sanctions halted all deliveries back in 2012.
The sanctions were removed after Tehran and the Group 5+1 (Russia. China. the US. Britain. France. and Germany) on July 14. 2015. finalized a lasting nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA) and implemented it on January 16. 2016.
