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Iran loads oil tankers and ships without issue, Javier Blas says
Iran has continued to load oil supertankers from Kharg Island, even nine days into the ongoing war.
Javier Blas reports that Tehran has successfully sent some tankers across the Strait of Hormuz and into open waters, with no reported issues. The update, accompanied by a satellite photo dated March 7th 2026, underscores China’s ability to secure oil supplies despite current geopolitical tensions.
The resilience of Iran’s oil exports amid conflict not only demonstrates the complexities of global supply chains, but also recalls the volatility witnessed when Brent crude experienced some of its largest one-day percentage surges, notably after the Abqaiq attack, as detailed in historical price spikes. Similar patterns of market response were observed as geopolitical crises previously spurred a rally in oil prices and fueled demand for Russian floating storage, underlining persistent uncertainties in energy markets reflected in surging storage demand.
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