Iran exports roughly 11 million barrels of oil in 24 hours, Bloomberg reports

TEHRAN, Iran — Iran exported approximately 11 million barrels of crude oil within 24 hours, dispatching multiple tankers simultaneously from its export ports amid regional security tensions, Bloomberg reported. According to the agency, Tehran moved to accelerate shipments in an effort to ship as much crude as possible before potential developments that could affect navigation in the region and Iran's oil exports. The report said the rapid pace of exports reflects concerns that continued tensions between the United States and Iran could lead to tighter restrictions on shipping. It added that the unusual export tempo appeared aimed at reducing risk to the oil sector, one of Iran's most important sources of revenue. The shipments come as global markets closely monitor developments in the region and their potential impact on energy supply.