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Iran is now fighting over shipping lanes, not barrels - and the supply-side fixes arrive too late for Washington's 3 November deadline
Two senior Iranian officials told Reuters on 14 October that Tehran has deliberately shifted its maritime tactics to hold oil prices aloft through next month's US midterms. The market's binding constraint has flipped from crude availability - OPEC+ output rebounded ~900,000 bpd in September while Iranian seaborne exports sat at zero - to the ability to move and insure available barrels. That mechanism reaches West Africa through import-parity fuel prices and, indirectly, through the delivered economics of Nigeria's nascent UCO-to-biofuel chain. Prices cited are intraday crude-futures…
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