Iran's Oil Revenues Set to Deplete Soon, Yet They Fight to the Death
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“Iran's oil revenues to deplete in December”… Iran in turmoil due to inability to sell oil, military influence grows | JoongAng Ilbo
JoongAng Ilbo
As Iran's crude oil exports have effectively halted due to the U.S. maritime blockade, analysis suggests the Iranian economy is being pushed to the brink as even the crude oil inventories exported abroad prior to the blockade are rapidly being depleted. The Wall Street Journal (WSJ) reported on the 7th (local time) that “Iran's oil export revenues are running out” and “The U.S. mi...
They are at a level where they cannot even receive payment for existing sales, but paradoxically, the military is becoming even more hardline.
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