Iran's economy squeezed by US sanctions and oil blockade as crude exports plunge
Three senior Iranian sources told Reuters that Tehran is finding it increasingly difficult to withstand the US campaign to throttle its economy, which blockades Iranian oil exports and cracks down on sanctions evasion. Crude exports have plunged to around 260,000 bpd and the rial has fallen past 2.2 million per dollar as inflation nears 70%.
Detected & updated continuously · Source: Nebula
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@iihtishamm
U.S. sanctions and an oil blockade are squeezing Iran’s economy, with crude exports plunging to around 260,000 bpd and the rial falling past 2.2 million per dollar as inflation nears 70%, Reuters reports.
@PolymarketIntel
Three senior Iranian sources tell Reuters that Tehran is finding it increasingly difficult to withstand the U.S. campaign to throttle its economy. The effort blockades Iranian oil exports and cracks down on sanctions evasion.