Tuesday , August 9 2022

$ 25 billion Iranian losses from US sanctions


Iran's oil exports have fallen since May
In May of May, when US President Donald Trump announced his withdrawal from the nuclear agreement
In 2015. Exports decreased from 2.83 million bpd in April,
To 1.6 million barrels per day in October or 47%.

This comes after the administration has been granted
8 countries excluded from 180 days of oil punishment imposed on Iran.

The US administration has returned from its goal
Previously announced is to prevent Iran from exporting some barrels of oil, as it announced the exemption from China
India, South Korea, Japan, Italy, Greece, Taiwan and Turkey. the
These countries are the most prominent importers of Iranian oil.

According to «OPEC», the value of exports from Iran from
Oil in 2017 is about $ 52.7 billion. It is difficult to determine the consequences of the sanctions
However, the Iranian economy, according to today's oil price, can lead to these penalties leading to
Iran lost about $ 25 billion a year.

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