Iranian Oil Held at Sea Hits Most Since ‘23 as China Demand Lags

Market Intelligence Analysis

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Why This Matters

Iranian crude held on tankers at sea has reached its highest level since 2023, driven by slower demand from China, despite elevated exports from Iran.

Market Impact

Market impact analysis based on bearish sentiment with 72% confidence.

Sentiment
Bearish
AI Confidence
72%

Article Context

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The amount of Iranian crude held on tankers at sea has swelled to the highest in two-and-a-half years, reflecting slower demand from top buyer China even as exports from the OPEC member remain elevated.

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Summary

Iranian crude held on tankers at sea has reached its highest level since 2023, driven by slower demand from China, despite elevated exports from Iran.

Market Impact

Market impact analysis based on bearish sentiment with 72% confidence.

Original article published by Bloomberg on November 25, 2025.
Analysis and insights provided by AnalystMarkets AI.