Iran Has 69 Million Barrels Of Oil Ready For When U.S. Sanctions End

Iran may have some 69 million barrels of oil in floating storage waiting on tankers to travel to buyers when U.S. sanctions on its crude oil exports are removed, estimates from E.A. Gibson Shipbrokers cited by Bloomberg showed on Tuesday. Citigroup also has a similar estimate on Iran’s floating storage. In a note on Monday, the bank said Iran could have around 65 million barrels of oil stored at sea, plus another 54 million barrels in storage onshore.   The United States and Iran have been holding indirect talks in Vienna since last…