Iran has effectively curbed the oppressive Western sanctions on its oil industry, according to a report by Israeli media on Tehran’s new methods for confronting these restrictions.
On Wednesday night, IRNA cited a report from Hebrew-language media outlet Ma’ariu, acknowledging Iran’s success in mitigating the impact of sanctions on its energy sector.
Despite crippling sanctions, Iran has circumvented these measures, with its oil industry thriving due to its robust shipping fleet. The report also noted that Asian buyers continue to invest in the Iranian economy.
Data from the Organization of the Petroleum Exporting Countries (OPEC) indicates that Iran’s oil exports in 2023 reached $53 billion, and the country’s crude production peaked at levels comparable to 2018.
The report from the Zionist media revealed that Iran’s success in mitigating sanctions was confirmed through satellite surveys by the European Space Agency. OPEC data also showed that Iran has regained its position as the third-largest crude oil producer.
Iran has stated that it has measures in place to ensure continued production and export of oil, even if US President-elect Donald Trump ramps up pressure on Tehran.
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