Potential impacts on the oil market as Iran shipped massive surplus of oil just before strikes began

🇮🇷🇺🇸 Iran shipped over 80 million barrels of oil (worth $6 billion) to foreign buyers in the 26 days between the MOU signing and the blockade being reimposed.

When negotiations began breaking down last week, Tehran initiated a scramble, shipping over 10 million barrels in a… pic.twitter.com/zaHUit2Kgy

— Mario Nawfal (@MarioNawfal) July 14, 2026

Iran shipped over 80 million barrels of oil (worth $6 billion) to foreign buyers in the 26 days between the MOU signing and the blockade being reimposed.

When negotiations began breaking down last week, Tehran initiated a scramble, shipping over 10 million barrels in a single night (July 8-9).

Things were shut down again before Iran could empty its storage, leaving around 30 million barrels stranded inside the perimeter.

But the $6 billion windfall matters strategically:

The first blockade had Iran on track for potential economic collapse by August, the new timeline is uncertain but this has likely extended Tehran’s endurance by several months.

Iran made the most of its MOU window.

By NC ScoutPublished On: July 14, 2026Categories: Uncategorized0 Comments

About the Author: NC Scout

NC Scout is the nom de guerre of a former Infantry Scout and Sergeant in one of the Army’s best Reconnaissance Units. He has combat tours in both Iraq and Afghanistan. He teaches a series of courses focusing on small unit skills rarely if ever taught anywhere else in the prepping and survival field, including his RTO Course which focuses on small unit communications. In his free time he is an avid hunter, bushcrafter, writer, long range shooter, prepper, amateur radio operator and Libertarian activist. He can be contacted at [email protected] or via his blog at brushbeater.wordpress.com .