Kpler, one of the oil data analysis companies, has announced that Iran's oil revenue could reach zero by late Azar if the U.S. blockade continues. This analysis refers to the declining trend of Iran's oil exports and its impact on the country's economy.
Tankers and Export Routes
In recent years, international sanctions have severely impacted Iran's oil exports, causing many tankers to deviate from the main export routes. This situation has prevented Iran from accessing global markets and minimizing its oil revenue. Under these conditions, tankers loading oil from Iran are forced to change routes and find new customers in informal and local markets.
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History and Consequences
The history of sanctions against Iran dates back many years, and these sanctions have intensified, especially during Trump's presidency. Following the U.S. withdrawal from the nuclear agreement in 2018, Iran's oil exports have sharply declined, and the country has been unable to return to its previous export levels. Analysts believe that the continuation of this situation could have dire economic consequences for Iran.
Kpler's report points out that if sanctions continue, Iran will not only be deprived of the global oil market but the negative impacts will also be felt in other economic sectors. Lack of access to oil revenues means reduced financial capacities for the government and consequently a decrease in public services and infrastructure in the country.
Ultimately, it seems that the continuation of sanctions will not only harm Iran's economy but could also lead to social and political crises. For this reason, many experts believe that diplomatic solutions to reduce tensions and return to previous agreements are essential.
