Oil shipments from Iran’s Kharg Island have reportedly halted for several days, marking the longest stretch without tanker activity since the war began.

•� � No ocean-going oil tankers were reportedly seen at the terminal on May 8, 9, or 11, while satellite images showed Iran increasingly using tankers as floating storage.

•� � Large crude carriers have reportedly been piling up near Kharg Island as U.S. naval actions continue restricting ships from leaving the Persian Gulf.

•� � Iran could face deeper production cuts if storage capacity fills up, while the Trump administration has argued Tehran may eventually be forced to shut down oil wells.