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Iran has no tankers at sea, no surplus of oil to export — ministry

The statement was made in response to an option proposed by US Treasury Secretary Scott Bessent of lifting sanctions on Iranian oil already loaded into tankers

RABAT, March 21. /TASS/. Iran currently has no oil tankers at sea and no surplus of energy volumes for export, a representative of the Islamic Republic’s Oil Ministry stated in response to an option proposed by US Treasury Secretary Scott Bessent for lifting sanctions on Iranian raw materials.

"Iran currently has virtually no oil [in tankers] at sea and no surplus to supply to international markets," the Mehr agency quoted the statement by the republic’s representative in response to Bessent’s proposal. The American official’s version itself was viewed in Iran as "a psychological game by the US Treasury Department." "Bessent’s statement is aimed solely at ingraining hope into buyers and controlling market psychology," the republic’s ministry said.

On March 19, Bessent said that the US administration was considering the option of lifting sanctions on Iranian oil already loaded into tankers.