Is Iran’s oil storage nearly full – and will it have to cut production?

Iran's blockade of its ports and the Strait of Hormuz has raised concerns that the country could run out of crude oil storage capacity. Analysis suggests Iran could run out of storage in 12 to 22 days if the blockade persists. The Strait of Hormuz, a narrow channel connecting the Gulf to the open ocean, is a critical shipping route for 20 percent of the world's oil and liquefied natural gas supplies