Kpler says Iran can store oil for up to 22 more days, and the impact on export revenue will only manifest after several months.

Research company Kpler said that the storage capacity for Iranian crude oil is rapidly running out, with only enough remaining capacity for approximately 12 to 22 days. They added that there is an increasing possibility that Iran will be forced to further cut its daily production of about 1.5 million barrels by no later than mid-May. However, Kpler stated that the impact of the US sanctions on Iran's profits will not be immediate, with the effects on revenue expected to become apparent approximately three to four months later.