Energy

Trans Mountain CEO Sees Full Oil Pipeline on Iran War

The Westridge Marine Terminal at the end point of the Trans Mountain Pipeline System in Burnaby, British Columbia, Canada.
Photographer: James MacDonald/Bloomberg

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By Robert Tuttle

March 25, 2026 at 8:25 PM UTC

Updated on

March 25, 2026 at 9:24 PM UTC

Trans Mountain Corp.’s chief executive expects its main pipeline to be nearly full in April with Asian buyers turning to Canada for crude as they grapple with severe supply disruptions from the Iran War.

The pipeline has been running below its maximum capacity since it was nearly tripled to 890,000 barrels a day in 2024. It reached 96% capacity in November, but volumes dropped in the following months.