Iran Has 22 Days of Oil Storage Left

Iran's oil storage is almost full. Kharg Island — where 90% of Iran's crude exports flow — is at 74% capacity and rising by a million barrels a day. Since the US Navy sealed the Strait of Hormuz on April 13th, Iranian exports collapsed from 2.1 million barrels a day to just 567,000. Goldman Sachs says Iran has already cut 2.5 million barrels of daily output. Some of those wells may never restart. JPMorgan says full recovery won't come until 2028. The blockade hasn't just stopped Iran's oil — it may have killed it. Sources: Bloomberg, Kpler, Goldman Sachs, JPMorgan, Al Jazeera, Fortune #iran #oilcrisis #hormuz #blockade #geopolitics #khargisland #oilstorage #usnavy #sanctions #oil #persiangulf #moneymaps