🚨 Iran Oil Exports Drop Sharply to Just 300,000 BPD
Iran’s oil exports have fallen dramatically from 1.5 million barrels per day before the conflict to only 300,000 BPD currently.
Most of the remaining exports are reportedly moving through secret and high-risk routes to avoid detection. According to estimates, Iran is losing approximately $80 million per day in revenue due to this sharp decline.
This significant drop highlights the heavy economic pressure Iran is facing as a result of the ongoing geopolitical tensions and restrictions on its oil trade.
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How do you see this impacting oil prices and the broader energy market in the near term?