On July 8, according to Bloomberg citing Vortexa data, after the US revoked the waiver for Iranian oil sales, about 63 million barrels of Iranian crude oil are currently stranded at sea, with most tankers staying in the Persian Gulf and Asian waters, yet to find buyers. Previously, the US had allowed Iran to sell crude oil within 60 days without facing sanctions, but this week it revoked the waiver on the grounds of Iran's attack on oil tankers in the Strait of Hormuz, causing a large number of already loaded crude oil sales to be blocked.

Market participants said that under the influence of the sudden change in US policy, European and American sanctions, and insurance restrictions, Iranian crude oil exports are under pressure again. Apart from China, no Asian refinery has publicly purchased Iranian crude oil yet. The industry expects that Iran may need to further increase discounts to attract overseas buyers.#美终止对伊朗石油制裁豁免