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Eagleyess333

5,253 Posts.

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18/02/22

18:26

Post #: 59670688
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Japan India South Korea some examples are rearing to go. Perfect timing.

DYOR

Originally posted by Cosmoterios: ↑

Personally, I don't think they would be able to keep that many on hand.

The carrying costs would be enormous.

My understanding is that Iran have been selling their oil - more than 1 M barrels per day; through barter system or gold pricing.

And their infrastructures (currently) are in bad shape.

They will need billions of dollars of new investment money to lift their production rate.

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