Woofun AI reports that approximately 63 million barrels of Iranian crude oil are currently stranded at sea following the US revocation of Iran's oil sales waiver. The US previously permitted Iran to sell oil within 60 days without sanctions but rescinded this allowance this week, citing Iran's attack on oil tankers in the Strait of Hormuz.

Most tankers remain in the Persian Gulf and Asian waters awaiting buyers. Market participants note that Iranian crude exports face renewed pressure from policy shifts, Western sanctions, and insurance restrictions. Aside from China, no Asian refineries have publicly purchased Iranian oil, leading to expectations that Iran may offer additional discounts to attract overseas buyers.